Crisis Managers act as the Lenders’ / Owners’ Representative within a well-defined Schedule of Authorities for the duration of a default / workout / foreclosure or other catastrophic event.

A Crisis Manager’s singular focus is on day-to-day oversight of crisis-related management activities, including:

• Managing the provision of a defaulting party’s transition services
• Advising on personnel, systems & entity matters, including
  • Human resource issues – where to house, compensation, benefits, etc.
  • Build / buy / rent decision regarding management platform & systems
  • New services, as required
• Providing on-going responsibility, for duration of event, to investigate & recommend to Client best options for dealing with event-driven necessities
• Managing contract, counterparty and stakeholder issues arising from / during event
• Interacting with senior leadership / management of Owners, Banks, Lawyers, Regulators & Counterparties, including:
  • Interim financial reporting, BOD leadership & management, etc.

Typical Crisis Management Engagement