The company that has been hired to bring O'Sullivan Industries back from the brink has a long and solid investment banking background.
New York-based Lazard, Freres, and Co., has a well-established reputation in the business community, both in this country and abroad and traces its lineage all the way back to 1848.
The firm does much more than just work with companies in financial trouble. Their website says, "Our financial restructuring practice, which specializes in helping companies in financial distress, is an important strategic component of our financial advisory business. We believe we are the leading financial restructuring advisory firm in the world, having advised on most of the largest and highest profile corporate restructurings over the last several years. We believe that we have been able to secure our leading position in this practice area through a combination of our restructuring and industry-related expertise and our independent position."
The firm also has a solid history of leading the companies it counsels through difficult times and maintaining them as clients afterward.
Check out the company and some of its well-known clients at the following website:
http://www.lazard.com/
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