Daily News: April 15, 2014

Gavin/Solmonese Managing Director Weitz Named Person to Watch

Wayne Weitz, managing director at Gavin/Solmonese, was named one of the top business professionals making their mark in turnaround, bankruptcy and restructuring by Turnarounds & Workouts in its People To Watch list for 2014.

Wayne was recognized specifically for his financial advisory roles in several high-profile bankruptcy cases during 2013. These included 11 statutory and ad hoc committees in bankruptcies, such as the equity committee in AgFeed Industries, and creditors’ committees in Oreck Manufacturing, Conexant Systems, Namco Pools, Highway Technologies and MFM Industries. Additionally, Wayne serves as financial advisor to the indenture trustee in Exide and was Chapter 11 trustee in the Waste2Energy bankruptcy, where he won a significant legal victory in the Isle of Man.

“I am honored to be named among the industry’s leading bankruptcy, restructuring and turnaround professionals,” said Weitz. “In each case, I was a member of a tremendous team of dedicated individuals who worked toward the best possible outcome for our clients. It is gratifying to see that our successes are recognized among our peers and valued colleagues,” he added.

In addition to Wayne’s individual recognition, in January 2014, The M&A Advisor recognized Gavin/Solmonese for its role representing the Official Committee of Equity Security Holders in the Chapter 11 sale of AgFeed Industries, Inc. The firm was also part of a distinguished professional team that received the Retail Manufacturing/Distribution Deal of the Year Award from The M&A Advisor for the sale of Oreck Corporation to Royal Appliance Mfg. Co.

Weitz has more than 25 years of experience advising clients and executing transactions as a principal in corporate finance and capital structure optimization, restructuring, mergers and acquisitions, financial management, and bankruptcy. He began his career as an investment banker and has completed nearly 100 acquisitions, dispositions and capital formation transactions.