The family-owned company provided high-quality replacement parts for off-road earthmoving equipment. The company's prior management team had mismanaged operations and perpetrated a fraud, which created significant liquidity issues and drove significant legal expenses. The company filed for Chapter 11 bankruptcy due to a revaluation of its inventory that resulted in an over-advance on the line of credit, along with pending litigation against its former manager for fraud and mismanagement. A CR3 professional as CRO leading the restructuring team implementing a cost reduction strategy and operating in Chapter 11 with only the use of cash collateral. CR3 professionals worked to solicit exit financing proposals, while crafting a Plan of Reorganization (“POR”), negotiating with the company’s secured lenders and creditors. Almost one year later, the Plan of Reorganization was confirmed. Existing ownership and a foreign strategic partner invested additional equity and a new asset-based lender structured a creatively capital structure to exit Chapter 11.