Matthew Diaz is a managing director in FTI’s Corporate Finance practice and is based in New York. Mr. Diaz specializes in providing restructuring services to companies and creditors in the Chapter 11 environment.
Mr. Diaz has served clients in a variety of industries. His responsibilities have included the preparation and critical evaluation of plans of reorganization, financial projections, models and liquidation analyses; the assessment of asset sale proposals, key employee retention plans, financing facilities, disclosure statements, critical vendor programs and proceeds from litigation; and the analysis of creditor recoveries under various restructuring and financial scenarios.
Selected clients that Mr. Diaz has served include Buehler Foods Inc., Glass Group Inc., Lionel LLC, Northwest Airlines, Calpine Corporation Inc., Easy Gardener, Pharmaceutical Formulations Inc. and Ponderosa Pine Energy Partners Ltd.
Prior to joining FTI, Mr. Diaz served as chief financial officer for Graham Field Health Products Inc., a $100 million manufacturer operating in Chapter 11, and as restructuring director for Impath Inc., a $150 million cancer diagnostic testing company operating in Chapter 11. At Graham Field, he successfully managed liquidity, obtained replacement debtor-in-possession financing and bridged the company to a sale. At Impath, Mr. Diaz reorganized the accounting and finance department after the departure of key personnel upon identification of accounting irregularities, led a reconstruction team that restated the current financial statements in less than four months, obtained a clean opinion from outside auditors and satisfied historical financial statement requirements for the buyers.
Mr. Diaz holds a M.B.A. with a concentration in finance and management from Columbia Business School and a B.S. in accounting and finance from New York University. Mr. Diaz is a certified public accountant and a member of the Association of Insolvency and Restructuring Advisors, the Turnaround Management Association and the American Institute of Certified Public Accountants. |