Attorneys received one hour of CLE credit (pending approval) and CPAs received one hour of CPE credit
. . . Ahern Rentals' EBITDA rose from $80 Million in 2005 to $150 Million in 2008. But suddenly, Ahern was hit particularly hard by the economic downturn. By June 2010, its EBITDA had fallen to $46 Million. Finding itself in default on approximately $650 Million in debt, Ahern filed chapter 11 in December 2011, and exited about 18 months later with the pre-petition equity holders retaining 100% of the company. Nine months following the restructuring, Ahern was valued in excess of $1.2 billion. M&A Advisors named Ahern as the best 2013 chapter 11 reorganization for deals over $100 million . . .
Program Speakers Included:
Kirk Hartle, Chief Financial Officer and Treasurer, and Brian Ritz, VP of Legal, General Counsel and Corporate Secretary, of Ahern; and from Gordon Silver Bill Noall, of its Business Restructuring and Bankruptcy Group, and Tom Fell, shareholder of its Business Restructuring & Bankruptcy Department
We look forward to seeing you in September at our next event!