Unwinding the Coils: When Liquidation Is the Only Option
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Unwinding the Coils: When Liquidation Is the Only Option
By Alexander A. Calderone, CTP, Managing Director, Calderone Advisory Group LLC
With domestic steel prices hovering around their lowest levels since May 2009, many U.S. steel distributors and service centers (hereafter collectively referred to as service centers) find themselves facing unprecedented challenges. The combination of a strong U.S. dollar; weak demand stemming...
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Alexander A. Calderone, CTP, is managing director of Calderone Advisory Group LLC (CAG), a boutique turnaround consulting and litigation support firm servicing the national middle market. Calderone has provided turnaround management, due diligence, and capital raising services to numerous construction contractors and their creditor constituencies. In addition to his CTP certification, Calderone is a CPA/ABV, CGMA, and a CFE. He can be reached at alex@calderoneag.com.
