Refco Matter Successfully Closed

GA Update

Congratulations to our colleagues on the successful conclusion of the Refco matter after many years of hard work. Goldin Senior Managing Director Marc S. Kirschner was appointed Chapter 11 Trustee of RCM in April 2006 and, upon Plan Confirmation, as RCM Plan Administrator and Trustee of the Litigation Trust and Private Action Trust. Goldin founder Harrison J. Goldin had been appointed by the independent directors as Chief Executive Officer of the Refco Debtors, and he served in that capacity through confirmation of the Plan. Goldin Associates served as financial advisor to the Debtors through Plan Confirmation. The press release can be found here

We wish health and peace of mind all around in this difficult and chaotic time. Our thoughts are with those who are struggling with Covid-19 and its broad and painful effects.

Goldin Associates is fully operational, and you can continue to expect our customary level of client service.  Although the Covid-19 situation is unique, the commercial effects present the kind of challenges that we are accustomed to addressing.  As crisis management and restructuring professionals, whether as interim corporate officers or advisors, our team members are seasoned in helping management teams, creditors, equity holders and other constituents chart a steady course through turbulent waters.  As fiduciaries, we work to preserve value and as financial experts we measure it.  

We hope and pray that the disruptive health, social and economic effects of this crisis are as contained as possible, and we are striving to do what we can—as community members and as professionals—to work towards that goal.