James Katchadurian has significant experience in several highly visible insolvency matters. His responsibilities have focused on advising companies in all aspects of a restructuring, including preparing debtors for filing, managing, designing and implementing debtors’ communications, strategic, claiming and reconciliation processes as well as plan and balloting advice, crisis management and advisor to creditors, equity investors and companies in distressed situations.
James underwent credit training at Manufacturers Hanover Trust Co. He is a Fellow of INSOL International and a member, speaker and author of the American Bankruptcy Institute (ABI) and Turnaround Management Association (TMA).
CRO of Oil and Gas producer, Northstar Offshore Group, during Chapter 11 and related 363 sale process.
CRO of the Flatiron Hotel in New York City, which involved sale of a prime hotel property through plan process.
Represented Lehman Brothers Holdings in Chapter 11 process as well as the SIPA liquidation of its broker dealer, Lehman Brothers Inc. Led the team that gathered information from Lehman post-collapse and provided general advice to the debtors.
Represented MF Global Inc., a broker-dealer, in liquidation as company underwent a multi-year process to unravel amounts owed to customers.
Advised the three Icelandic banks in moratorium. Worked closely with banks, advisors and creditors to implement plan of reorganization and composition process, allowing banks to emerge from the insolvency process and distribute funds and securities to creditors.
Advisor to an advertising and media company. Oversaw plan to drive company through significant industry transformation.
CFO and Treasurer of Regency Holdings Inc., cruise line with multinational assets as the business underwent a Chapter 11 process.
Advisory team leader for Energy Future Holdings/TXU Energy as company navigated its Chapter 11 process. Assisted in design of customer notice and communications plan to 3.5M TXU customers as well as a novel notice and communications plan to capture information from potential un-manifested asbestos claimants.
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?
CR3 Partners is pleased to announce that Sean Cunningham has joined as a Partner of the firm and will be based in its New York office. David Tiffany has been elevated to Partner of the firm in the Los Angeles office.
The media industry has gone through many changes since banner advertising first appeared on the Internet. Legacy constraints on traditional media outlets have hampered their ability to respond. Startups have sought to capitalize on these constraints; not all of them have survived.
The company is a $24MM exploration and extraction company that produces heavy oil. The company filed for bankruptcy to avoid foreclosure by lenders, who petitioned for the appointment of a Chapter 11 Trustee.
The company is a leading manufacturer and supplier of Oil Country Tubular Goods in the petroleum industry. Suffering from the oil price drop and high levels of high-cost inventory, they were at risk of covenant defaults and availability restraints.