Pittsfield, MA
BHS faced financial challenges due to an over-leveraged balance sheet, losses from a retirement community project, and declining revenues caused by economic factors. Carl Marks Advisors (CMA) served as financial advisor, successfully guiding the company through Chapter 11 bankruptcy and facilitating a complex, multi-party consensual plan of reorganization with secured noteholders, a municipal bond insurer, the indenture trustee, and unsecured creditors, including the PBGC.
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33rd Floor
New York, NY 10022
212.909.8400
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