Jason Solganick has spent approximately 20 years working with financially distressed companies and their creditors. He has completed more than 50 restructuring transactions and special situation assignments with aggregate debt of more than $70 billion. His experience includes out-of-court restructurings, consensual and contested Chapter 11 proceedings, recapitalizations, sales processes, debt forbearances, waivers and amendments, exchange offers, and consent solicitations. In completing various restructuring assignments, he has assisted in raising equity capital, DIP and exit financing, and valuing businesses and assets.
Mr. Solganick has advised clients on companies in a wide array of industries including retail, restaurants, general industrial, packaging, healthcare, building materials, oil and gas, energy, gaming, steel, chemicals, automotive, food and beverage, and media.
Mr. Solganick previously held senior positions in the restructuring/special situations groups at Lincoln International, Piper Jaffray and CIBC World Markets and has a B.S. in Biology from Duke University.
Steven Strom is the founder of Odinbrook Global Advisors and has more than thirty years of experience advising companies in distress and their stakeholders, including Boards, shareholders, creditors and buyers in insolvency matters and out-of-court restructurings in the US, Canada, Latin America, Europe and Asia. Mr. Strom focuses on providing expert advice to clients to develop restructuring strategies and implement solution transactions with a focus on bankruptcy and distressed situations.
From 2016 to early 2018 Mr. Strom was CEO of Blackhill Partners, an investment bank based in Dallas, Texas. Previously, he was a Managing Director in the Restructuring Group at Jefferies where he joined in 2006 and was Global Head of Restructuring from 2008 to 2014. Under Mr. Strom’s leadership at Jefferies, the Restructuring Group completed over 125 restructuring transactions with total liabilities of more than $150 billion. In 2014 he founded Odinbrook Global Advisors.
Prior to Jefferies, Mr. Strom was a Managing Director in the Restructuring Group at CIBC World Markets (2002-2006) and a Managing Director at Chanin Capital Partners (1997-2002), a Research Analyst/Trader at Commodities Corporation (1993-1996) and a Vice President in the M&A Group at Chemical Bank (1986-1993).
Mr. Strom has an MBA with a concentration in Finance from the University of Michigan (1986) and a Bachelors degree in Business (Finance) from Arizona State University (1984) where he had a Regent’s Academic Scholarship and was awarded the Outstanding Finance Student by the Financial Analysts Society.