TORONTO, July 10, 2013 /CNW/ - Collins Barrow Toronto is advancing its
suite of specialty service offerings to provide a one-stop shop for
financial advisory solutions. Two new partners recently joined the
firm, bringing with them extensive expertise in corporate
restructuring, recovery and insolvency.
Bryan Tannenbaum and Daniel Weisz have joined Collins Barrow Toronto to
launch a new restructuring and recovery services practice. This group
assists companies at crucial points in their lifecycles, bringing
unbiased perspectives and insights that help stabilize operations and
optimize benefits to stakeholders.
Drawing on their experience from both mid-market and national firms,
Tannenbaum and Weisz's practice develops and implements strategies to
assist when performance issues or liquidity concerns threaten. They
work with lenders, creditors, debtors and other stakeholders to
identify and evaluate available options, offering creative solutions
and helping lenders maximize their recoveries where appropriate.
"The harsh reality of our economy is that a growing number of businesses
are facing performance and cash flow issues," says Harry Blum, Managing
Partner of Collins Barrow Toronto. "To respond to the needs of the
market, Collins Barrow Toronto is growing again. Today our team is
equipped to effect a turnaround, reorganization, divestiture or, if
necessary, realization of company assets."
With three decades of experience, Tannenbaum is one of Canada's leading
restructuring professionals and a trustee in bankruptcy. He provides
leadership, effective strategies and resolutions in corporate
reorganizations, business investigations, receivership assignments,
bankruptcies, liquidations and shareholder disputes.
"The extensive range of specialty services Collins Barrow has in place
is a clear indication of strong corporate leadership and innovation,"
says Tannenbaum. "It enables us to draw from in-house expertise, for
example in valuations and transaction services, to enable development
of tailored and multi-faceted solutions that will enhance value and
minimize loss exposure."
Also a trustee in bankruptcy, Weisz has over 28 years of experience
working with companies in diverse industries. He has led numerous
assignments including receiverships, bankruptcies, formal
restructurings and business investigations. Weisz has authored articles
and presented on a variety of insolvency issues.
"First and foremost, Collins Barrow Toronto is unwavering in its
dedication to the middle market," says Tannenbaum. "This was a factor
that played heavily into our decision to join, as Danny [Weisz] and I
are committed to providing client-focused service."
"I'm extremely proud to welcome Bryan [Tannenbaum] and Danny [Weisz] to
the team," says Blum. "Service excellence and top talent have always
been key priorities at Collins Barrow Toronto. We recognize the
importance of bringing high-demand service lines under one roof so that
we continue to earn our place as our clients' most trusted advisors."
Now open for business, the restructuring and recovery practice at
Collins Barrow Toronto helps companies respond swiftly to economic
challenges by taking a targeted approach with decisive action on
improvements, simplification strategies or divestments.
This restructuring and recovery services expertise will be shared across
Collins Barrow's national network of 22 member firms. As an independent
member of Baker Tilly International, Collins Barrow also connects with
over 130 countries around the world to share and exchange regional
SOURCE: Collins Barrow National Cooperative Incorporated
For further information:
Collins Barrow Toronto
Bryan A. Tannenbaum
Collins Barrow Toronto