Prior to his turnaround management career, Dennis spent over 11 years as a CEO or COO and held board positions with companies in consumer products and plastics businesses. He has successfully led or participated in the sale of 15 companies during his restructuring career, including Section 363 bankruptcy proceedings and Article 9 transactions, in addition to the refinancing of many businesses.
On September 15, 2021, a grain elevator operator and processor of soybeans submitted an out-of-compliance borrowing base certificate to its secured lender. What followed was a novel bankruptcy case marked by massive complexity and a near-impossible positive outcome.
CR3 Partners' clients and referral sources agree that additional capital will be needed to return operations to the "new normal" after COVID-19. But how much capital will they need, where will it be deployed, and who will provide it?
