A consumer company with sizeable regional market shares had suffered financial losses from poor plant operations and ineffective marketing strategies and implementation. The Company filed Chapter 11 and a turnaround management firm was brought in by the lending group and the 2nd lien holding hedge fund. The Turnaround Management Firm’s scope was to do an assessment and to development a plan to help the company exit from bankruptcy. Continue reading Turnaround Case Study – A Hedge Fund Wins Control of a “Crown Jewel”