Case Studies

Negotiations

As a group of creditors was pushing this client’s firm towards bankruptcy, the ownership engaged Rabican to provide advice and guidance. Over several tense months of discussions, Rabican was successful in negotiating several concessions that allowed the company to continue operations and satisfy the vendors.

The Rabican approach of intense proactive interaction with the vendors allowed all parties to benefit from avoiding the costly and devastating consequences of a bankruptcy. Ten years later, the company is still in operation, providing employment for its employees, services to its customers, and business to its vendors.
This client was the owner of several companies and other assets, and wanted to streamline its complicated portfolio. Rabican was assigned the task of selling certain assets and negotiating the consolidation effort. Multiple- parties, various asset categories, and differing points of view within ownership all contributed to this assignment's extreme complexity. Over the three year plus assignment Rabican was successful in accomplishing all of its tasks while providing better than expected results.