Liberty House

Hawaii's largest retailer, Liberty House (approximately $300 million in revenues), had been in chapter 11 for some time when Gordian Group was engaged by its equity owners. The situation was and has remained highly litigious, and Liberty House was governed by two boards of directors.

Gordian Group's tasks included (i) working with counsel to provide strategic advice to the client, (ii) working with retail consultants to develop comprehensive alternative business plan scenarios and valuations of Liberty House, (iii) preparing expert witness reports in respect of valuation, (iv) developing plans of reorganization favorable to our client's interests and (v) negotiating with the other constituencies in the case.

The case was settled on the eve of trial in Hawaii, with a highly successful result for Gordian Group's clients.