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Areas of Expertise

  • Due Diligence
  • Section 363 Sale
  • Turnarounds/Restructurings
  • Financial Advisor
  • Interim Management
  • Receiver
  • Bankruptcy Proceedings
  • CRO
  • Principal Investments/Financings

Industries

  • Manufacturing
  • Real Estate
  • Thoroughbred Horse Track
  • Automotive
  • Retail

Prominent Cases

  • Appointed F.A. & Interim Manager under USBC Ch. 11 - Green Mountain Management
  • Appointed CRO of Life University Incorporation - Out of court Restructuring; Received Turnaround Management Association Award - Turnaround of the Year for a Non-Profit
  • Appointed CRO of P.S. Energy Corporation - Out of court Restructuring; Received Turnaround Management Association Award - Turnaround of the Year for less than $100M in Revenue Corporation
  • Appointed CEO of Wyncom Incorporated - Out of court Restructuring; Received Turnaround Management Association Award - Turnaround of the Year for less than $100M in Revenue Corporation
  • Appointed CRO under Ch.9 USBC Retama Park Racetrack

Experience

  • 3 Years with GlassRatner
  • 31 Years of Relevant Experience

Education

  • BS, Georgia Institute of Technology
  • Bachelor of Laws, John Marshal Law
  • GA Real Estate Broker since 1973

Lee N. Katz has specialized in turning companies around for more than 30 years. Throughout his career in crisis management, Mr. Katz has served as an interim executive officer, financial advisor, Federal and State appointed Receiver and reorganization director for both large and small companies, public and private, with revenues from $1.0 million to $5 billion. Lee has performed due diligence on various M&A deals, served as liquidating agent, and held various fiduciary roles.

Mr. Katz’s corporate restructuring and workout experience span a broad range of industries, and he also uses his skills to help boards of directors prevent crises from happening. He is known for rolling up his sleeves and focusing on the pertinent issues with straightforwardness and integrity.

Lee is the former Chairman and former Co-Managing Partner of GGG Partners, LLC. Prior to joining GGG, Mr. Katz served as president of Seaboard Industries from 1981-1985 and restructured the company to profitability. From 1974-1981 he worked for First National Bank of Atlanta, managing branches and loan portfolios. In 1978, he became responsible for directing the bank’s asset-based lending in the Atlanta area and gained his initial experience in restructuring defaulted loans in the bank’s portfolios. Lee was also responsible for credit compliance on various loan portfolios.

Mr. Katz has provided expert testimony in many United States Bankruptcy Court cases as part of his restructuring responsibilities. In addition, he has been an expert witness in the feasibility of corporate restructuring plans. Lee has also served as a Federal and State appointed Receiver on operating companies as well as real estate projects.

Mr. Katz has been recognized by the Turnaround Management Association’s Atlanta Chapter numerous times as a leader in the industry.  Successfully earning the;

  • 2008 Small Company Turnaround of the Year for Benton-Ga, Inc.
  • 2005 Small Company Turnaround of the Year for Tri-State Delivery, Inc.
  • 2004 Non-Profit Company Turnaround of the Year – Life University Inc.
  • 2003 Large Company Turnaround of the Year – P.S. Energy Corp.
  • 2002 Large Company Turnaround of the Year – Wyncom Inc.

Mr. Katz has been featured in the national media, including the following:

  • “It’s Time to Treat America Like a Business,” Atlanta Business Chronicle
  • “What Should the Braves Do?” Atlanta Journal Constitution
  • “Turnaround Magic,” Business to Business Magazine
  • “Squawk Box,” CNBC
  • “Corporate CPR,” The Daily Deal
  • “Turnaround Tycoon,” Atlanta Jewish Times
  • “Living the Lessons,” The Lane Report

In 2013 Lee published: “How Not to Hire a Guy Like Me”: Lessons Learned from CEOs’ Mistakes, published by Schroder Media (2013), and endorsed by business leaders.

Mr. Katz has given presentations throughout the United States to Vistage International, the world’s largest CEO membership organization, Turnaround Management Association, and other CEO and leadership organizations. His speeches and workshops have included “The Art of a Turnaround (How to Keep From Being a Statistic),” and “How to Keep from Hiring a Guy like Me.”

Lee has a Bachelor of Science in Industrial Management from Georgia Institute of Technology (1970) an  L.L.B from John Marshall Law School (1976) and is also a Licensed Real Estate Broker, State of Georgia, since 1973.

Mr. Katz is on the Board of the Marcus Jewish Community Center (chairs its Investment Committee); The William Breman Jewish Home Foundation (board member);  Jewish Home Life Communities (finance committee member); Jewish Federation of Greater Atlanta (member of its Investment Committee); and the Piedmont Healthcare Foundation (board member and member of its finance committee).

Lee blogs on TheTurnaroundAuthority.com.

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