SOURCE: MorrisAnderson

MorrisAnderson

November 22, 2013 09:00 ET

MorrisAnderson Honored With 2013 "Outstanding Turnaround Firm" Recognition by Turnarounds & Workouts

CHICAGO, IL--(Marketwired - Nov 22, 2013) - MorrisAnderson, a leading financial and operational advisory firm, announced today that it has been recognized as an Outstanding Turnaround Firm by Turnarounds & Workouts, a leading bankruptcy, restructuring and distressed investing publication that has been reporting on industry news and analysis for more than a quarter century.

The recognition honors firms that are routinely retained in the most complex and sophisticated restructuring transactions. MorrisAnderson was specifically recognized for the following outstanding achievements:

  • Serving as Chief Restructuring Officer and guiding two clients -- a leading provider of ATM services and self-service kiosks as well as a global organizational training provider -- through Chapter 11 proceedings and ultimately through successful sale transactions;
  • Serving as liquidating trustee on behalf of several clients in a variety of industries: horse racing, commercial airline, real estate investment trust and agribusiness; and
  • Serving as FA to $200 million magazine distributor, $100 million food distributor and $500 million assisted living center roll-up.

"2013 was a solid year for MorrisAnderson and we are honored to be among the firms selected for this prestigious recognition," said Dan Dooley, principal and chief executive officer of MorrisAnderson. "This recognition further demonstrates our commitment to ensuring a successful outcome for our clients through any complex turnaround transaction. We are extremely proud of our recent accomplishments and look forward to continuing to provide industry-leading client service and results."

MorrisAnderson was among 12 firms recognized in 2013. The publication's editorial staff selects honorees based upon the firm's recent representations, as well as nominations from leading restructuring professionals nationwide.

"All of the firms included on this year's Outstanding Turnaround Firms list had notable engagements within the past year," noted Turnarounds & Workouts editor Nina Novak. "I believe that the senior professionals at these organizations will continue to be leaders in the restructuring world for years to come."

To view the list of Outstanding Turnaround Firms and read more about the firms' achievements, visit http://bit.ly/OTF13. Please note: while registration is required to view the list, registration is free and can be completed in just a few seconds.

About MorrisAnderson
Chicago-based MorrisAnderson is a middle market consulting firm focused on underperforming and distressed companies, with offices in New York, Missouri and Florida. The firm's service offerings include financial advisory, interim, turnaround and crisis management, investment banking, performance improvement and litigation support. MorrisAnderson emphasizes hands-on involvement, consistent and reliable communication and a collaborative approach with stakeholders.

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