Case Studies

Our professionals have worked with companies and constituents across multiple industries to drive meaningful and lasting change. Each of our case studies summarizes our client's situation, our scope of work, and how the engagement team created value for all constituents.

Revel Atlantic City

Revel Atlantic City

An Atlantic City hotel and casino went through a prepackaged Chapter 11 bankruptcy one year after opening. Although the bankruptcy reorganized its capital structure, it did not cure the property's underlying operational deficiencies and the company continued to perform poorly.

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Texas Rangers Baseball Club

Texas Rangers Baseball Club

The client was the $160MM equity holding company for the Texas Rangers Baseball Partners (TRBP). Owner Tom Hicks filed a pre-packaged bankruptcy to sell the team, but the banks denied it due to the price, so the team's parent company's bank mandated an involuntary bankruptcy.

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Hospitality & Leisure Company

Hospitality & Leisure Company

The $4B international hospitality and leisure operator served 70MM guests per year. CR3 professionals were engaged as operational improvement consultants to improve financial and operational performance. The team implemented Six Sigma throughout the global business training executives and general managers.

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Al Jazeera Media Network

Al Jazeera Media Network

The client was a television news channel that employed over 900 people across more than 20 geographic locations. The CR3 team assisted the client in exploring strategic alternatives and ultimately developed and implemented a course of action that enabled the company's managed exit from the market.

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