Scott Martinez, a director at Zolfo Cooper, has over 17 years of restructuring experience. He has worked on both the creditor and debtor sides of distressed company situations in a wide range of industries including retail, manufacturing, financial services, health care, transportation, automotive, mortgage services, construction and professional services. Scott has significant experience in cash management, asset sales, claims management and bankruptcy reporting.
Scott is currently advising the UCC of the Commonwealth of Puerto Rico. He advised Doral Financial Corporation, the former parent company of the FDIC-regulated Doral Bank, during its Chapter 11 bankruptcy, including serving as CRO of its direct subsidiary, Doral Properties. His responsibilities included providing internal operational direction regarding the debtor's wind-down and the Chapter 11 process, with a focus on monetizing the remaining assets.
Previously Scott assisted the liquidating trustee in the American Home Mortgage bankruptcy. Prior to the effective date of the liquidating trust, Scott served as an associate director of restructuring where he managed day-to-day activities, including cash management, asset sales, claims reconciliation and interfacing with the advisors to the creditors committee.
In the bankruptcy of Collins & Aikman, a $4 billion automotive supplier, Scott was primarily responsible for the dissolution of assets, including the sale of the convertible top business line and the wind-down of the fabrics division, which generated approximately $39 million in net proceeds. He also participated in negotiations with various creditors and their advisors.
While at Krispy Kreme Doughnuts, Scott led all aspects of cash management including budgeting and assisting with the development of the business plan. In addition, he worked with numerous franchisees to manage both in-court and out-of-court restructurings.
Scott has been with Zolfo Cooper since 1999. Other notable engagements include American Laser Skincare, IT Group, Holt Group and Episcopal Health Services.
Education, Certification & Professional Affiliations
- M.B.A., Fairfield University
- B.B.A., Loyola College in Maryland
- Certified Insolvency and Restructuring Advisor
- Member of the Association of Insolvency and Restructuring Advisors