James J. Loughlin, Jr., Principal and Managing Director

Jim is a nationally recognized restructuring professional with more than 25 years of financial and operational restructuring experience. He has been involved in all aspects of restructuring, advising distressed companies, senior lenders and other creditors, as well as equity sponsors. Jim’s institutional clients include JP Morgan Chase, Bank of America, Goldman Sachs, Citicorp and UBS.

Jim has led more than 100 engagements and has successfully restructured more than $50 billion of debt. His recent experience includes several large and complex matters such as Freedom Communications and Journal Register Company (media), Interstate Bakeries Corporation (consumer products), Werner Ladder Corporation (durable goods mfg), Independent Wireless One (telecom), Kmart (retail), Safelite Group (auto glass), Charter Communications (cable television), Burlington Industries (textiles), CircleK Corp (convenience stores) and Mariner Post-Acute Network (healthcare).

Jim recently served as CRO for a fashion apparel company with global product sales approaching $1 billion. The case included a comprehensive operational and financial restructuring which returned the company to profitability and reduced debt by over $100 million. Other recent CRO assignments have included Greatwide Logistics Services, which involved leading this transportation logistics company, with sales of $1.5 billion, through Chapter 11 bankruptcy and a successful sale transaction.   Jim also served as Interim CEO and CRO for Werner Ladder Corporation (the world’s largest ladder manufacturer) during its Chapter 11 and sale transaction in 2007.  In 2005, the Turnaround Management Association awarded Jim the Turnaround of the Year Award for the work he did while serving as CRO of Independent Wireless One (cellular phone company) which included successfully restructured nearly $400 million of debt with full recovery to all creditors.

Jim is regularly sought after by business and industry media for his perspective and commentary on restructuring trends and the distressed sector.  Jim is a Certified Turnaround Professional (CTP) and former director of both the Turnaround Management Association and the Association of Certified Turnaround Professionals.  He earned his MBA with honors from the University of Texas at Austin and his BBA from Southern Methodist University.

jloughlin@lmco-ny.com