People

Patrick Diercks

Partner

Patrick Diercks

“We deliver clear direction as well as practical and actionable solutions from start to finish.”

Pat has over 17 years of experience as a consultant in the turnaround/restructuring arena dealing primarily with companies in the consumer product manufacturing/distribution, staffing, metal products, manufacturing and retail industries. He has led/participated in numerous assignments related to cash management and operational performance improvement, as well as frequently serving as financial advisor to various constituents in bankruptcy proceedings.

Pat has assisted clients with the preparation and analysis of business plans, financial statements, cash flow reporting and forecasting, collateral analysis and monitoring, out-of-court wind-downs, refinancing, organizational restructuring, labor standards development, and POS implementation/training.

He has provided services to both debtors and creditors within the Chapter 11 bankruptcy process including: the preparation of cash collateral forecasts, DIP budgets, claims analysis, asset analysis and recovery, and estate wind-down activities.

Additionally, he has served as both a Chief Restructuring Officer and Chief Strategy Officer as well as other interim senior management roles. Pat has also been retained by numerous bankruptcy estate trustees/plan administrators to assist with post- confirmation activities and managing/administering the plan.

Professional Affiliations & Civic Involvement

  • Secured Finance Network
  • Turnaround Management Association
  • New York Institute of Credit
  • Association of Insolvency and Restructuring Advisors

Accreditations

  • Certified Insolvency and Restructuring Advisor
  • Certified Turnaround Professional
  • 2021 SFNet 40 Under 40 Award Winner

Education