Hope In Any Environment
1325 Remington Road Suite H, Schaumburg, IL 60173 USA
53 W. Jackson Boulevard
Suite 1320, Chicago, IL 60604 USA
ph: 847-884-8282
fax: 847-884-1188
info
News
September 8, 2011
Moglia Advisors served as the financial advisors to a $110MM money transfer business headquartered in the Atlanta area. Initially, Moglia Advisors was hired to perform an assessment of the company’s management and to determine the reasonableness and attainability of the 2011 cash flow forecast. Other related services included a review of economic data from numerous sources together with pricing assumptions, seasonality and reviewing both the internal and external risks in terms of reaching their forecasted cash flows.
Moglia Advisors acted as the financial consultants to the lender to evaluate the strategic options available related to a mail order cosmetics company. Options ranged from providing additional financing to immediate liquidation. After analysis by Moglia Advisors, the lender agreed to an orderly pay down of the credit, which also allowed the company sufficient time to sell the corporate offices and reorganize as a smaller entity. The lender, according to the various forecasts that were prepared, should receive a substantial portion, if not all, of the principal owed. Approximately fifteen employees will continue to work at the company.
July 13, 2011
Moglia Advisors served as the financial advisor to a $13MM building products distributor located in the Chicago area. Moglia Advisors was hired to perform a strategic assessment of the Company and prepare a 13 week cash flow forecast and work with the company’s lender with respect to structuring the new bank loan. Other services provided included participating in weekly phone calls with the company and bank discussing the actual cash flow results compared to forecast for a period of four weeks.
Moglia Advisors served as the financial advisor to a $24MM sausage products manufacturer located in the Chicago area. Moglia Advisors was hired to perform a strategic assessment of the Company and prepare a cash flow forecast of the operations after the loss of a major customer that represented approximately 30% of their total revenues. Other services provided included preparing the Company for a possible Chapter 11 filing under the U.S. Bankruptcy Code. The Company continues to analyze its current options.
Alex Moglia, President of Moglia Advisors, presented
June 28, 2011 at the ACG Chicago,
Tuesday, June 28th, 2011.
Mercosur: Hot Latin America Growth & Investment Opportunities
With its strong natural resource and manufacturing based economy, Latin America has become a place the world wants to and is investing in. Argentina, Brazil, and Chile make up the ‘Mercosur’ group, and boast some of the fastest growing economies in the world promising bountiful opportunity for those that can understand how to invest in the region.
Prominent U.S. companies are already operating in the region and private equity activity is also starting to grow. Despite this influx of foreign investment, the Mercosur region is ripe for continued investment by U.S. companies. Figuring out the best way to do this can be daunting to a company going there the first time considering the geographic and cultural differences.
Let our panel describe its experiences in the region and provide some insights on the opportunities that are available and risks that you should avoid if you are thinking about investment in Mercosur. Join us to better understand how to participate in this global success story and avoid being left on the sidelines.
March 21, 2011
Alex Moglia, President of Moglia Advisors, receives his Real Estate Broker's License.
NJCB Conference
On October 14, 2011, Alex Moglia, President of Moglia Advisors will be attending the The National Conference of Bankruptcy Judges panel and participating in a panel discussing the alternatives to Chapter 11, such as receiverships, assignments, friendly foreclosures and UCC sales.
Receivership News
April 2011
Multi-family Building—Moglia Advisors currently serves as receiver of a 4 story, 28 unit building, with just over 26,000 sq. feet in area, that participates in the Chicago Housing Choice Voucher Program. The property features an elevator, on-site laundry facility, security system and is handicapped accessible. Moglia has been proactive in filling vacancies.
March 2011Apartment Complex—Moglia Advisors served as receiver of a 9 unit, 3 story apartment building in Berwyn, Illinois. Due to the personal bankruptcy of the owner, no rents were being collected. Moglia was granted an order of possession against each tenant and secured the property. The receivership was concluded and Moglia currently serves as property manager.
March 2011
Retail Center—Moglia Advisors was recently appointed receiver of an 8 year old, 11 unit, 15,251 sq. foot commercial shopping complex. Immediately following the appointment, Moglia was made aware of a potential buyer and is working with the bank to ensure maximum net recovery with minimal receivership visibility.Successful Sale of Assets
December 15, 2010 - Moglia Advisors was able to facilitate a successful sale of assets of one of the first fastener companies in Illinois to a competitor by putting an operating company into an assignment for the benefit of creditors, and executing an “instant” sale of its assets to maximize the recovery by the lenders and keep the company operating and viable.
Ethanol's Slow Burn
CQ Weekly recently released an article, "Ethanol's Slow Burn" detailing the current fluctuations in the troubled ethanol industry. Alex Moglia, president of Moglia Advisors, was quoted in the article.
In Alternative Lending, the Boom Seems to Be Over
Earlier this year, Robert Barba, in his article entitled "In Alternative Fuel Lending, the Boom Seems to Be Over" describes the present woes of ethanol producers and the banks that have funded them. In this article, the president of Moglia Advisors, Alex Moglia, was quoted on the present financial crisis of the industry. "A lot of community banks in the Corn Belt did most of the financing," said Alex Moglia, the president of Moglia Advisors, a Chicago consulting firm for alternative fuel companies. "Many of these banks have staked their future on biodiesel and ethanol, and they are now scared to death. And they should be."
Developing A Game Plan for Surviving the Construction Recession
Alex Moglia, president of Moglia Advisors, participated in a special two part seminar presented to the Underground Contractors Association. Mr. Moglia helped present "Developing a Game Plan for Surviving the Construction Recession" in which both offensive and defensive strategies were outlined for all of the UCA members who attended.
Markets: What You Should Be Watching Now
The president of Moglia Advisors, Alex Moglia, was recently interviewed for the BusinessWeek.com article, "Markets: What You Should Be Watching Now" Mr. Moglia, in the article, outlined what some lenders' actions will be as a reaction to the current economic environment. To read the article in its entirety, click here.
Business Week
Alex Moglia, president of Moglia Advisors, was quoted in BusinessWeek.com, "Banks like Barclays and Bank of America, which have huge amounts of capital and the ability to pull together other institutions to form a lending consortium, are anomalies. Most companies have to explore a network of lenders and investors who work in distressed markets, and most of them aren't acting in this environment," he says. "They're waiting for even worse times to come before they deploy their assets. Most of the lenders we do business with are not planning to deploy a penny until 2009."
Business Subprime Lending Issues: Whoa to the Woes
Alex Moglia, of Moglia Advisors, participated as a panelist at ABI’s 15th Annual Central States Bankruptcy Workshop in Traverse City, Michigan, June 12 - 15, 2008. The title of the discussion was “Business Subprime Lending Issues: Whoa to the Woes” The panel discussed a variety of financing options for financially distressed companies. To see the presentation click here.
1325 Remington Road Suite H, Schaumburg, IL 60173 USA
53 W. Jackson Boulevard
Suite 1320, Chicago, IL 60604 USA
ph: 847-884-8282
fax: 847-884-1188
info
