|
Paul Traub Mr. Traub is a founding partner of Traub, Bonacquist & Fox, LLP, a New York based boutique firm, focusing on insolvency and corporate restructuring, strategic asset acquisitions and disposition, distressed financings, and litigation. In September 2006 the Traub Group joined Dreier LLP, a New York and California based full service firm. He has served as lead counsel to creditors’ committees; and debtors in complex Chapter 11 cases and in transactional work in dozens of cases representing sellers, purchasers and creditors of financially troubled companies, throughout the United States and Canada. As a Strategic Partner Paul acts as a mentor to management of portfolio businesses to evaluate strategic options and opportunities and assists in the negotiation and implementation of those objectives. As a result of over 30 years of legal training combined with an entrepreneurial spirit Paul has developed the unique ability to address issues in problem companies to develop and implement an approach to buy, sell, turnaround or liquidate in order to maximize investments. Mr Traub was elected to the Board of Directors on August 1, 2006. In addition, Mr. Traub is an advisor to Petters Group Worldwide, LLC, a principal shareholder of uBid.com. Mr. Traub resigned from the Board of Directors on March 7, 2007. | 