Jesse DelConte has over 12 years of restructuring and financial advisory experience across numerous industry sectors, including energy, retail, automotive, business and industrial services, manufacturing and airlines. He has provided interim management and advisory services to debtors, secured and unsecured creditors, equity holders, investor groups, unions and trustees in both in-court and out-of-court situations. Jesse has experience in all areas of the restructuring process including plan negotiations, cash flow modeling, business plan development, due diligence, valuation, financial planning, bankruptcy reporting and sale of assets.
Jesse recently advised global technology company Avaya in its restructuring. He also recently advised Sabine Oil & Gas, where he was responsible for providing internal operational direction regarding the company's Chapter 11 process, and serving as the primary point of contact for parties in interest. He led many aspects of the restructuring, including cash flow forecasting, business plan development, Chapter 11 preparation, and other operational work streams. Prior to Sabine, Jesse advised Milagro Exploration, an oil and gas E&P company, where he negotiated a new 1st lien RBL facility and developed a dynamic long term business plan to assist in the successful sale of the company through the Chapter 11 process. In the Chapter 11 restructuring of Pacific Energy Resources, Jesse led cash flow forecasting and business plan development.
Jesse has also advised various lender constituencies, including the 1st lien lenders of Orchard Supply Hardware, the 2nd lien lenders of Merrill Corp., the stakeholders of a $400 million global automotive supplier, the senior secured lender group for Wastequip and other creditor groups. These assignments have primarily been representations of fulcrum lender groups that have been able to drive the restructuring process, where Jesse has focused on performing an operational review and structuring a comprehensive balance sheet restructuring.
Other notable company assignments include Kerzner International, a leading developer and operator of destination resorts, resulting in the successful restructuring of $4 billion in indebtedness. Jesse also advised Patton Boggs through negotiations with its lenders and in creating a new business plan, which enabled the global law firm to complete its merger with Squire Sanders.
Prior to Zolfo Cooper, Jesse worked at Seneca Financial Group on a number of restructuring matters, including Seitel, Northwestern Corp., Northwest Airlines and GB Holdings.
Education, Certification & Professional Affiliations
- B.S., with distinction, from the McIntire School of Commerce at the University of Virginia
- Member of the Association of Insolvency and Restructuring Advisors
- Holds the Chartered Financial Analyst (R) designation