$66 Million Steel Galvanizing Facility

• Chapter 11 filing triggered buyout
• Buyout required a going concern market valuation

• Valuation estimates were prepared for three scenarios and probability-weighted according to likely outcomes
• Provided findings and conclusions in an expert type report
• Submitted valuation report for the review of the Official Unsecured Creditors Committee

• BBK's valuation held up under intense scrutiny of the Unsecured Creditors
• With support from Creditors, the Bankruptcy Court approved the valuation and the buyout
• Company's partners were able to efficiently and effectively restructure ownership