Elm City Partners, LLC - Case Studies

Crisis Management
A textile manufacturer of polyester and acetate griege goods experienced a liquidity crisis when its lender attempted to gain equity control by withholding availability. The company had to immediately find a replacement lender. Elm City found a replacement lender while working with the company to redeploy assets to fund operations, thereby averting default and foiling the current lender's "loan-to-own" strategy.

Turnaround
A systems integrator and computer components manufacturer was in a late stage financial crisis, with the company facing closure and impending market meltdown. Elm City arranged for the sale of the company to its sole competitor and negotiated transfer of heretofore exclusive license that had been considered non-transferable.

Workout
An Internet application service provider's equity funding collapsed as a result of the dot com bust and 9-11 events. Elm City developed a self-sufficient cash flow plan while negotiating workout with major creditors and a new stand-by Line of Credit.

© Copyright 2007-2011 Elm City Partners, LLC. All rights reserved.
Joseph L. Palazzi, President • 130 North Main Street • Wallingford, CT 06492
Tel: (203) 265-0266 • Cell: (203) 887-5172 • Fax: (203) 265-0260
jpalazzi@elmcitypartnersllc.com