Abstract
The fast-track bankruptcy sale of the coffee and baked goods chain Bess Eaton provides a good example of corporate renewal with a tempo of “controlled urgency.” A case team from a leading turnaround and crisis management firm, NachmanHaysBrownstein, Inc. (NHB), provided quick and accurate analysis, identified the alternative that would maximize value to all interests, and implemented the alternative expeditiously and efficiently. The NHB case team earned high marks from professionals on all sides of the case as well as the bankruptcy court for its cost-effectiveness and accelerated timetable. The result was the optimal realization upon the assets within a few months, start to finish.
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