Wilshire Partners provides clients with hands-on support and advice when dealing with financial, operational and strategic challenges. Wilshire Partners provides strong and experienced leadership with restructuring advisory services that meet the scope and needs of your business including:

Chief Restructuring Officer (CRO) – Wilshire Partners acts as restructuring officer when companies need to refocus their organization to overcome financial or operational difficulties. Wilshire Partners generally serves as CRO with the purpose of reorganizing the business to avoid a bankruptcy filing. If a bankruptcy filing is in the best interest of the business, Wilshire Partners will use the CRO role to navigate the business through the complexities of the Chapter 11 process. As CRO, Wilshire Partners has the experience needed to negotiate with the key stakeholders to secure a consensual reorganization plan avoiding lengthy and expensive court costs.

Financial Advisor – In two separate engagements as Financial Advisor, Wilshire Partners has saved two $400+ million automobile dealerships from threatened bankruptcy. As Financial advisor, Wilshire Partners works directly with the ownership of businesses in a wide variety of industries to manage restructuring and refinancing efforts. Wilshire Partners places an immediate focus on management of liquidity and development and implementation of a revised business plan. Wilshire Partners will work side-by-side with business owners through negotiations with key stakeholders including customers, suppliers, lenders, and employees.

Bankruptcy Fiduciary – In circumstances where a bankruptcy fiduciary is appointed, Wilshire Partners has extensive experience serving as Chapter 11 Trustee for debtors in a wide range of industries. As Chapter 11 Trustee, Wilshire Partners will oversee and control the management and daily operations of the debtor assuring that all stakeholder interests are preserved. Wilshire Partners has an almost perfect success rate in negotiating consensual reorganization plans maximizing returns for creditors and key stakeholders.

Upon confirmation of a reorganization plan, Wilshire Partners often serves as the post-confirmation fiduciary either as a trustee or plan administrator to manage the reorganization or to manage the settlement of open litigation or wind-down of the remaining assets.

Wilshire Partners has the experience needed to fill CEO and other key management roles in a wide range of industries. An Interim CEO is often needed during the sale process or for businesses in transition or businesses experiencing unexpected management changes. Wilshire Partners has assumed the role of Interim CEO for the management of hotels, automobile dealerships, real estate management businesses, construction companies, distribution businesses, bussing companies, petroleum distributors and multiple other industries. In each engagement, Wilshire Partners has stabilized the business and improved cash flows and profitability while steering the business toward a desired outcome.

In circumstances where a bankruptcy fiduciary is appointed, Wilshire Partners has extensive experience serving as Chapter 11 Trustee for debtors in a wide range of industries. As Chapter 11 Trustee, Wilshire Partners will oversee and control the management and daily operations of the debtor assuring that all stakeholder interests are preserved. Wilshire Partners has an almost perfect success rate in negotiating consensual reorganization plans maximizing returns for creditors and key stakeholders.

Upon confirmation of a reorganization plan, Wilshire Partners often serves as the post-confirmation fiduciary either as a trustee or plan administrator to manage the reorganization or to manage the settlement of open litigation or wind-down of the remaining assets.

Wilshire Partners also manages and administers businesses, estates, and trusts for the benefit of intended beneficiaries. Wilshire Partners does not only preserve the interests of stakeholders, Wilshire Partners will manage the business or trust to maximize the entity’s profitability and asset recovery on a cost-effective basis.

Wilshire Partners specializes in hands-on dispute resolution. Using on-site visits and face- to-face meetings with disputing parties, Wilshire Partners focuses on the personal issues and concerns of each stakeholder acknowledging that heated emotions must be overcome to reach practical consensual solutions. With this person-to-person approach, Wilshire Partners avoids costly courtroom litigation.

As the court appointed Provisional Director of an international importer and distributor, Wilshire Partners acted as the on-site mediator and Interim CEO while negotiating with two 50/50 business owners who were in heated litigation against each other. Using the conference room instead of the courtroom, Wilshire Partners was able to stabilize the business, negotiate a consensual buyout agreement, and assist the buying partner with the required financing.

Wilshire Partners provides a broad range of litigation support services. Wilshire Partners often serves as consulting expert using financial and economic analysis to support legal positions. With a focus on unique industry complexities, Wilshire Partners will undertake a rigorous analysis of the facts at hand and provide detailed reports with user friendly language. Wilshire Partners also provides expert witness services within unique industries with respect to litigation including ownership disputes and litigation with customers or suppliers.