Engagement:

Tier 2 Automotive Parts Manufacturer (Horn Plastics Inc.)

Automotive

Nature of Engagement

Court Appointed Interim Receiver for the purpose of sourcing and negotiating a sale of the business as a going concern.

Summary of Strategy Employed & Outcome

Successfully sold the business at market price and in the process was able to save jobs for 70% of a workforce of 90.

Trustee In Charge

Alan Spergel

Managing Partner

Mukul Manchanda

Managing Partner, Corporate Restructuring & Insolvency

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