Richard Newman

With more than eighteen years of restructuring experience, Mr. Newman has advised unsecured creditor committees, healthy and distressed companies in leveraged recapitalizations, mergers and acquisitions, and support of interim management roles. He specializes in 363 sales, best interests test, liquidity management, business plan review, solvency, formulation of reorganization plans and litigation support
Mr. Newman’s Unsecured Creditor Committee assignments include Alto Maipo Delaware LLC, Avaya, Boomerang Tube, Boxed, Inc., Buccaneer Energy, Constar, Corsicana Bedding, LLC,, Endeavour, Getty Petroleum, Global Aviation, Hollander Sleep Products, Keywell LLC, Kodak, Mallinckrodt, PLC, LifeCare, NewPage, NORPAC Foods, Inc., NPC International, Inc., Orchids Paper, NORPAC Foods, Inc., Ryckman Creek Resources, LLC, Shiloh Industries, Inc., SunEdison, Synergy Pharmaceuticals, Takata, Tintri, Vice Group Holdings Inc., and Westinghouse
Mr. Newman has also worked on debtor financial advisory, bank advisory, and out-of-court deals, including Appleton Coated, Chesapeake Corporation, Detroit Public Schools, Dresser, Inc., Kimball Hill Homes, Severstal North America, Inc., Tronox Inc., Union Carbide and Visteon Corp.
Mr. Newman’s testimony experience includes (i) Orchids Paper Products Company Case No. 19-10729, (ii) TK Holdings Inc. (f/k/a Takata) Case No. 17-11375 and (iii) Deposition re: SGK Ventures, LLC (f/k/a Keywell, LLC) Case No. 13-37603.
Mr. Newman earned a bachelor’s degree in economics from George Washington University and an MBA from The University of Texas. He has passed all three levels of the CIRA exam and received the Kroll Zolfo Cooper/Randy Waits Award for excellence on the CIRA exam.