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Welcome to GlassRatner Advisory & Capital Group

GlassRatner Advisory & Capital Group is a national specialty financial advisory services firm providing solutions to complex business problems and Board level agenda items. The firm applies a unique mix of skill sets and experience to address matters of the utmost importance to an enterprise such as managing through a business crisis or bankruptcy, pursuing a fraud investigation or corporate litigation, planning & executing a major acquisition or divestiture, unraveling a challenging real estate issue and other top level non-typical business challenges. The combination of proven operating and financial expertise, a hands on approach and an absolute focus on assignment execution makes GlassRatner a unique and valuable ally for its clients and partners. For a confidential consultation, please contact one of our Principals.

Welcome to GlassRatner Advisory & Capital Group

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Back to Beginning
  • EST 2001

  • Fall
    2001

    GlassRatner Founded

    Ron Glass and Ian Ratner founded GlassRatner Advisory & Capital Group LLC in response to a shared vision of building a more responsive, cost efficient and hands-on financial advisory services practice.

    GlassRatner Founded
  • Fall
    2001

    Early Focus on Retail Cases

    GlassRatner is retained as Financial Advisor to the Official Committee of Unsecured Creditors in Nationwide Furniture and Mattress Wholesalers and in Value Music, both multi-location retail cases involving in excess of 150 locations each. Since these early matters, GlassRatner has been called on in countless retail cases.

    Early Focus on Retail Cases
  • January
    2002

    Creative Work to Resolve Complex Dispute

    Beginning in 2002 through 2006, GlassRatner assisted a supply chain arm of a Fortune 50 shipping and logistics firm resolve several disputes with their clients. The disputes revolved around lost inventory and shrinkage of tens of millions of dollars. Through our detailed forensic accounting and creative problem solving skills, we were able to prove that the losses were paper losses stemming from new systems and not actual losses. Our work resulted in major systems enhancements for our client and limited damages.

    Creative Work to Resolve Complex Dispute
  • February
    2002

    Lowe's v. General Electric

    Ian Ratner successfully testifies as plaintiff’s damages/lost profits expert in the matter of Lowe’s Home Centers, Inc. v. General Electric Company, a significant environmental dispute heard in Federal Court in Rome, Georgia. GlassRatner's courtroom experience is one of our defining features.

    Lowe's v. General Electric
  • March
    2003

    Ian Ratner Named Special Master

    In 2003, Ian Ratner was named a Special Master by the Florida Department of Agriculture and Consumer Services to ensure that a settlement with a major US charity was appropriately administered. This charity was cited at the time as one of the ten worst charities in the US in terms of excessive costs. GlassRatner has since been named as Special Master numerous times by many courts for a variety of matters.

    Ian Ratner Named Special Master
  • March
    2003

    GlassRatner Appointed Managers of BCP Liquidating LLC

    Ron Glass and Ian Ratner were appointed as the Managers of BCP Liquidating LLC, an entity established to complete the liquidation of the assets of Borden Chemicals and Plastics OLP (“Borden”). Borden, an $800 million revenue manufacturer of PVC Polymers Products, had filed Chapter 11 in 2001. The GlassRatner team oversaw significant asset sales, complex commercial litigation, and hundreds of preference claims. Ultimately, the recovery to the estate exceeded all prior estimates. This Delaware case pushed the firm into the national spotlight as a skilled fiduciary.

    GlassRatner Appointed Managers of BCP Liquidating LLC
  • December
    2003

    Oakbrook Pointe Apartments - The First of Many

    Oakbrook Pointe Apartments was GlassRatner’s first appointment as Receiver in a single asset real estate matter. Oakbrook Point was one of the largest apartment communities in the State of Georgia at the time. Since 2003, GlassRatner has been appointed receiver in hundreds of matters around the country.

    Oakbrook Pointe Apartments - The First of Many
  • September
    2004

    AstroTurf - Chapter 22

    Appointed Chapter 11 Trustee and financial advisor to the Trustee in the bankruptcies of American Sports Product Group and related debtors which included Southwest Recreational Industries, Inc. (SRI), the manufacturer of AstroTurf. In 2016, GlassRatner acted as financial advisor to the Unsecured Creditors Committee in the Chapter 11 Bankruptcy of the successor company, AstroTurf, LLC, which had previously purchased the AstroTurf assets from SRI.

    AstroTurf - Chapter 22
  • October
    2006

    GlassRatner Expands to South Florida

    GlassRatner expands and opens multiple offices in South Florida. Today, this market continues to be one of our most vibrant and active regions where we continue to invest and grow.

    GlassRatner Expands to South Florida
  • 2007

    Ron Glass appointed as CRO of the PUIG Development Group

    Ron Glass appointed as CRO of the PUIG Development Group, ultimately bringing the company into Chapter 11, where he continued to manage the business. PUIG was a highly levered South Florida real estate company primarily involved in condo conversion with in excess of $300 million of debt and 27 active projects. As CRO, we successful managed the wind down and liquidation of the company. The PUIG matter in some ways signaled the start of the Florida real estate meltdown and was covered in Time Magazine.

    Ron Glass appointed as CRO of the PUIG Development Group
  • 2007

    GlassRatner Becomes a Contractor to the FDIC Capital Markets Group

    GlassRatner became a contractor to the FDIC Capital Markets Group and was retained to provide services relating to several early bank liquidations. The largest of these FDIC assignments related to the failed Arkansas National Bank (ANB), where GlassRatner was retained as Loan Sale Advisor for the $1.2 billion Construction and Acquisition/Development loan portfolio. This assignment culminated in a structured sale transaction to a third party. The majority of the assets included in the portfolio were partially completed developments in Utah, Nevada, Arizona and California.

    GlassRatner Becomes a Contractor to the FDIC Capital Markets Group
  • December
    2007

    GlassRatner Expands to Southern California

    GlassRatner expands and opens offices in Southern California. The twin offices of Irvine and Century City help foster a national brand.

    GlassRatner Expands to Southern California
  • 2008

    GlassRatner Expands to New York City

    GlassRatner expands and opens an office in New York City. This expansion gives GlassRatner a foothold in the largest restructuring market of the country.

    GlassRatner Expands to New York City
  • 2009

    GlassRatner Retained as Forensic Accountant and Financial Advisor to the Central Bank of Trinidad and Tobago

    The Central Bank of Trinidad and Tobago engaged GlassRatner to investigate the financial affairs and operations of CL Financial (CLF), the nation’s largest privately owned conglomerate with assets exceeding US$15 billion and with operations in 32 countries. Our role included gathering information for pursuing criminal and civil actions, and informally advising concerning the restructuring of the company. Our findings led to several other engagements, including investigating and advising on several failed Florida real estate investments in hotels and condominiums.  Learn more

    GlassRatner Retained as Forensic Accountant and Financial Advisor to the Central Bank of Trinidad and Tobago
  • September
    2009

    Fairfield Residential Bankruptcy

    Financial Advisor to the Ad Hoc Steering Committee of Lenders and subsequently to the Official Committee of Unsecured Creditors for Fairfield Residential LLC and approximately a dozen of its related entities. Fairfield is a California-based developer, owner and operator of multi-family properties throughout the country. At the time of the bankruptcy, there was approximately $4 billion of invested capital committed to various Fairfield projects. GlassRatner played a key role in the company’s restructuring and ultimate sale of the operating company to Brookfield.

    Fairfield Residential Bankruptcy
  • October
    2009

    Cornerstone Ministries

    Cornerstone Ministries, Inc. was a multi-state real estate lender, who filed bankruptcy in 2008. During the course of the chapter 11, the debtor became administratively insolvent. Our firm was approved as Plan Administrator in October 2009. Our activities included the valuation and sale of real property, the review of preferential payments, and the pursuit of claims under the Director’s and Officer’s Policy, claims for auditor negligence and a claim against a law firm. Based on our success, there was a meaningful recovery to pre-petition general unsecured creditors.

    Cornerstone Ministries
  • Spring
    2010

    GlassRatner Management & Realty Advisors LLC Formed

    GlassRatner Advisory & Capital Group LLC forms GlassRatner Management & Realty Advisors LLC, which was previously the firm’s Property Management & Receivership division.  Since that time, GlassRatner Management & Realty Advisors LLC has had over 500 assignments serving as Receiver and/or Manager for over 40,000 multifamily units and 5,000,000 sf of retail/office/industrial space across 34 states.

    GlassRatner Management & Realty Advisors LLC Formed
  • September
    2010

    AmTrust Financial

    Ron Glass and GlassRatner retained as Chief Restructuring Officer and Financial Advisor to AmTrust Financial Corporation and related entities in their Chapter 11 filings. The centerpiece of Ohio-based AmTrust Financial was its banking company, which had $13 billion in assets and was ultimately sold to New York Community Bank. As FA and CRO, GlassRatner was instrumental in various 363 sale transactions; managing various complex litigation matters; disposing of assets; and managing various real estate investments made by AmTrust.

    AmTrust Financial
  • Fall
    2011

    Multi-State Portfolio Run by GlassRatner

    GlassRatner Management & Realty Advisors LLC was appointed Receiver and Property Manager for a single portfolio containing 42 multi-family properties in excess of 4,000 units across 6 states. We aggressively created and executed an action plan to secure the assets, complete deferred maintenance, remediate life safety issues and turn a high count of vacant/down units resulting in a significantly higher physical and economic occupancy. The assignment ultimately concluded through a successful repositioning and separate sale of each asset by the Secured Lender at competitive market rates.

    Multi-State Portfolio Run by GlassRatner
  • 2013

    GlassRatner Approved as Broker Dealer

    GlassRatner is approved as a Broker Dealer and forms GlassRatner Securities LLC.

    GlassRatner Approved as Broker Dealer
  • August
    2013

    Deepwater Horizon

    GlassRatner was retained by the US DOJ in its Clean Water Act lawsuits against BP and Anadarko related to the Deepwater Horizon oil spill. GlassRatner provided litigation support services and performed financial analyses regarding the economic impact of a penalty on the defendants’ and their ability to pay a multi-billion-dollar penalty. GlassRatner issued multiple reports and Mr. Ratner testified for over 6 hours during the multi-week trial. After the trial, BP entered into $20+ billion settlement with various governmental agencies. Read More on Ian Ratner's Bio

    Deepwater Horizon
  • 2015

    International Expansion

    GlassRatner helps establish BTG Global Advisory, a global organization whose members include insolvency and restructuring advisors; turnaround, workout and profit improvement consultants; forensics investigators and other litigation support professionals; and investment banking/M&A transaction advisors amongst other specialists. Visit the BTG Advisory Website

    International Expansion
  • June
    2015

    Expansion to Phoenix

    GlassRatner expands and opens an office in Phoenix, AZ. This expansion provided a stronger presence in the Southwest.

    Expansion to Phoenix
  • July
    2016

    Expansion to Dallas

    GlassRatner expands and opens an office in Dallas, TX. This expansion allowed GlassRatner to plant a flag in the middle of the country.

    Expansion to Dallas

Meet the GlassRatner Team

The Team is the Brand at GlassRatner. Our firm is built around a team of professionals who have been in the trenches, are hands on and absolutely focused on project execution. Our team members hold various professional designations including CPA, ABV, CIRA, CFE, CVA and ASA. Our senior team all has successful track records and are accustomed to rolling up their sleeves and getting involved in each and every matter.

Discover Our Industries

GlassRatner Advisory & Capital Group LLC has been involved in matters spanning every type of business and industry from telecommunication receivables, to the disposal of contaminated land, to offshore insurance companies. In each of the industries below, GlassRatner is considered to be industry experts in addition to being financial experts. Please contact us to get a specific list of industry expertise/case examples.

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A Message From Our Founders

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