M. Freddie Reiss is a senior managing director in the FTI Consulting Corporate Finance/Restructuring practice and is based in Los Angeles. Mr. Reiss has 30 years of experience in strategic planning; cash management; liquidation analysis; covenant negotiations; forensic accounting and valuation. Mr. Reiss specializes in advising on bankruptcies, reorganizations and business restructurings and in providing expert witness testimony for underperforming companies. He has also acted as interim management, a fiduciary and chief restructuring officer and trustee.
Mr. Reiss’ industry experience includes real estate; manufacturing; healthcare; entertainment; retail; financial services; municipalities; natural resources and energy; and nonprofit and government services. He has provided expert testimony on insolvency; fraudulent transfers; cash collateral; debtor-in-possession lending claims; damages matters; plans of reorganization; substantive consolidation and valuation issues.
Mr. Reiss has advised on more than 100 bankruptcy-related matters. Some of his most notable engagements include PG&E; America West; K-Mart; Circle K; Daewoo Motors America; Orange County Investors’ Pool and Executive Life; Refco and Iridium. He has also advised on multiple out-of-court restructurings for corporations, such as Euro Disney; Musicland; K-Mart; Syncora; Tower Records and Edwards Theatres. His merger and acquisition transaction advisories include Edwards Theatres and Resort Theaters.
Prior to joining FTI Consulting, Mr. Reiss was a partner and west region leader at PricewaterhouseCoopers, where he co-founded the Business Restructuring Services practice.
Mr. Reiss is a recognized expert in the field of financial restructuring. He has given presentations and speeches on various topics for 20 years as well as authored articles and chapters in financial publications. His most recent topics include “Workout Strategies for CRE Problem Loans”, “Why Law Firms Fail”, “U.S. Economic Overview, Corporate Credit Markets Update and Commercial Real Estate Sector Trends”, “Where Are the Future Insolvencies? Perspectives on the State of the Restructuring Industry for the New Millennium” and “Perspectives on the State of the Restructuring Industry – A New Millennium.” He co-authored the American Institute of Certified Public Accountants’ Bankruptcy Guide. He authored a chapter entitled “Asian Markets” in Workouts & Turnarounds II, Jon Wiley & Sons, 1999 and has been a panelist and moderator at conferences and symposiums across the United States.
Mr. Reiss holds an M.B.A. from City University of New York’s Baruch College and a B.B.A. from City College of New York’s Bernard Baruch School of Business. He is a certified independent director, a certified insolvency and restructuring advisor, a certified public accountant in New York and California, and a certified turnaround professional. In 2013, Mr. Reiss was inducted into the Turnaround, Restructuring and Distressed Investing Industry Hall of Fame. He is a member of the American Institute of Certified Public Accountants, the New York and California Societies of Certified Public Accountants. Mr. Reiss is currently on the Board of Trustees for the Baruch College Fund and chairman of the audit committee. He is an independent Board Member for Brundage Bone, Contech Engineered Solutions and Liberty Medical and chairs their audit committees as well. Mr. Reiss is also a Board Member of Tennenbaum Special Value Opportunities Fund and a member of their audit committee.