Adam Searles has eight years of restructuring, financial advisory and accounting experience across numerous industries, including technology, energy, retail and financial services. His advisory experience includes assisting both debtors and creditors through workout situations and has covered all areas of the restructuring process including bankruptcy preparation and reporting, plan negotiations, 13-week cash flow modeling, due diligence, financial planning and sale of assets.
Adam recently advised Avaya, a $3.7 billion multinational technology company in its ongoing Chapter 11 restructuring. He has managed various restructuring work streams, including segmentation of financials to assist in the M&A process, contingency planning, intercompany transactions review, liquidation analysis, domestic versus international profitability analysis, creditor recovery waterfall model and creditor negotiations.
Previously, Adam advised Milagro Exploration, an onshore Gulf Coast exploration and development company. His responsibilities included analyzing profitability on a well-by-well basis, maintaining the 13-week cash flow forecast, assessing in-court and out-of-court restructuring alternatives, preparing bankruptcy-related filings, ensuring reporting compliance, and assisting in negotiations and due diligence to sell substantially all of the company’s assets.
Other assignments include serving as advisor to the unsecured committee of American Apparel and the retiree committee of Alpha Natural Resources.
Adam began his career at KPMG as an auditor, where he specialized in providing services to investment management clients.
Education, Certification & Professional Affiliations
- B.S. in business administration from the Eller College of Management at the University of Arizona
- M.S. in accounting from Hunter College of The City University of New York
- Certified Public Accountant in the state of New York