Mr. Lavin’s experience includes the development and presentation of reports to shareholders, boards of directors, senior management and creditor constituencies; the development and implementation of business strategies specific to the revitalization of underperforming companies; the assessment of operational and financial key metrics; the creation of management reporting tools, including cash flow forecasting and covenant monitoring; the development of effective cash management systems; the implementation of liquidity enhancement initiatives; the assessment of financial statement projections; the formulation and negotiation of debt restructuring strategies; and the implementation of both cost realignment and revenue enhancement strategies. He also provides interim management services.
Some of Mr. Lavin’s notable assignments include a multi-billion dollar global originator, servicer, and securitizer of mortgage loans; CBASS, a multi-billion dollar originator and servicer of subprime mortgages; three significant U.S. based monolines; Transeastern, a home builder with $1.6 billion in debt; one of the largest mortgage originators in the United States; Global Crossing, a $3 billion international telecommunications company; ICO Global Communications, a large global satellite company; Levitz Furniture, a $1 billion furniture retailer; UPC Polska, the largest cable operator in Poland; U.S. Office Products, a $3 billion distributor of office supplies; Vencor, a $3 billion hospital and nursing home company; Long John Silver’s, a $1 billion fast food retailer; Exodus Communications, a large web hosting management and services company; and Montgomery Wards, a $4 billion retailer. In addition, Mr. Lavin has recently served in the role of chief executive officer of New World Networks, a sub-sea cable touching 13 countries in Latin America, and as the chief restructuring officer of Tricom, SA, a Dominican Republic-based telecommunications and cable company.
Prior to joining FTI, Mr. Lavin was a partner at PricewaterhouseCoopers and, prior to that, Mr. Lavin worked for Zolfo Cooper & Co. (now Kroll Zolfo Cooper), specializing in assisting both troubled companies and their creditors. Prior to Mr. Lavin’s experience in assisting troubled companies, he was an audit manager at Deloitte & Touche, where his clients were primarily large publicly held companies. Mr. Lavin also spent time as a senior executive of an internet startup with the goal of creating an exchange for the trading of distressed bank loans.
Mr. Lavin holds a B.S. from Manhattan College. He is a certified public accountant in New York and is a certified insolvency and restructuring advisor. He has served on the board of the New York Turnaround Management Association, New World Networks and Global Sports. He is a member of the American Institute of Certified Public Accountants, the Association of Insolvency and Restructuring Advisors and the Turnaround Management Association.