Latest News
McTevia to Crain's: Infighting must stop for EFM to be successful
McTevia on Detroit bankruptcy: creditors need to collaborate or else
McTevia on Snyder's decision to appoint Orr as Detroit EFM
McTevia's thoughts on Orr as Detroit EFM
McTevia to Crain's on what lies ahead for Detroit citizens
McTevia on Detroit review team report: Snyder can't avoid appointing emergency manager
McTevia on Detroit: take the checkbook from politicians
McTevia: hand over Detroit's checkbook, then follow this plan
McTevia to AP: city of Detroit should reduce services, expenses
McTevia's approach to business problem solving
McTevia's 50 years of experience benefits clients
McTevia provides Detroit News analysis on troubled battery maker
Insights
Our firm provides services to publicly and privately held businesses, banks, savings and loan associations, pension funds, mortgage companies, regulatory authorities, and their customers and/or clients. We specialize in working with firms that are in transition or under-performing in the development of due diligence reports, debt restructuring, business plans, financing proposals, mergers, acquisitions, wind downs, liquidations and the resolution of financial difficulties. Our associates have extensive experience in banking, industrial finance and financial and business management.
For over 50 years, our firm has developed a national reputation for assisting companies struggling with financial difficulties. Our focus is to either guide the client through a reorganization of operations and a restructuring of debt, or if that is impossible, structure a process to discontinue the company's business, wind down operations and liquidate assets in an expeditious and cost effective manner. We function both with and without court supervision. However, our goal is to facilitate the company through this process in an out of court forum whenever possible.
Our services are provided from offices in Florida and Michigan. We are held in the highest regard by the business community, federal, state and local governmental bodies, regulatory agencies, pension funds, lenders, law firms, and the judiciary. A more comprehensive description of our associates' credentials and the services our firm provides can be obtained on this site.
Books by McTevia
The Culture of Debt:
How a Once-Proud Society Mortgaged Its Future
Bankrupt:
A Society Living in the Future
Videos
CULTURE OF DEBT Trailer