Carl Marks Advisors is acting as restructuring advisor, Cantor Fitzgerald is serving as investment advisor and Greenberg Traurig is serving as legal advisor to American Addiction Centers, which filed voluntary petitions for relief under Chapter 11 of the Bankruptcy Code.
According to a Carl Marks Advisor survey, industry professional share a growing concern regarding higher amounts of debt leverage being carried by middle market companies heading into 2018.
Carl Marks Advisors added Steven F. Agran as managing director to work on restructuring deals and relationship management and marketing in the northeast
Carl Marks Advisors kicked off 2017 by promoting Jonathan Killion to managing director, Ben Godbout to director and Parker Codie to associate. Chuck Kwong joined from GE Capital as vice president of strategic research.
As the spring 2016 bank redetermination season approaches, Doug Booth and Brock Hudson take a look at the fallout from the 2015 fall redetermination and analyze the impact of falling energy prices.
Carl Marks has been recognized as an Outstanding Turnaround Firm for exceptional restructuring and advisory expertise according to Turnarounds & Workouts’ latest special report that honors the top 12 outstanding turnaround firms for 2015.