Media Coverage

Xtreme Power Retains Gordian Group to Assist in Sale

January 23, 2014

Xtreme Power, a world-class leader in integrated power management systems and energy storage solutions, announced today that it filed voluntary petitions for relief under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the Western District of Texas. The Chapter 11 filing will enable the company to continue its operations at all locations as it begins a process to identify an acquirer. The company’s core engineering, project development and operations staff will remain in place during this process.

Xtreme Power retained Gordian Group LLC to assist in the sale of the company. The move comes as interest in Xtreme Power continues to grow. Gotcher said that he predicts a speedy timeline for finding a new owner.

Gordian Group LLC is one of the nation’s leading independent investment banks specializing in complex and/or distressed financial advisory and mergers and acquisitions work. Gordian will work with Xtreme Power to help manage the sale process. Interested parties are encouraged to expeditiously submit bids through the Gordian Group ahead of the late February deadline.

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Bangor Daily News: Wall Street Investment Firm Emerges as Potential Buyer of Montreal, Maine and Atlantic Railway

December 13, 2013

The trustee for the bankrupt Montreal, Maine and Atlantic Railway has signed a sales agreement for the railroad’s assets with a company that appears to be affiliated with a global investment firm based in New York City. In documents filed … Read more

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Peter Kaufman discusses Detroit’s recent Chapter 9 bankrutpcy filing with Fox Business

December 5, 2013

Peter Kaufman speaks with Fox Business about Detroit’s recent Chapter 9 bankruptcy filing, including the implications of a potential government bailout.

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Wall Street Journal: United Silver Announces Retention of Gordian Group LLC to Pursue Financing Alternatives

October 18, 2013

United Silver Corp. (“United Silver Corp”, the “Company” or “USC”) (TSX:USC)(OTCQX:USCZF)(FRANKFURT:UM8) announced today that it has retained Gordian Group, LLC, (“Gordian Group”), a New York based investment banking firm, to pursue financing alternatives for the Company. USC is actively pursuing … Read more

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Bloomberg: Gordian Hired to Sell Montreal, Maine & Atlantic Railway

October 7, 2013

Montreal, Maine & Atlantic Railway Ltd., whose runaway oil train exploded and killed 47 people in Quebec in July, hired investment bank Gordian Group LLC to sell the carrier, which could occur by the end of the year. The Canadian … Read more

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Peter Kaufman Interview in Bloomberg Brief

May 30, 2013

The credit markets may be allowing for a record amount of high yield issuance, but not all businesses are readily able to refinance their debt and many of these companies fall into the middle market category, says Peter Kaufman, president … Read more

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Peter Kaufman speaks with Bloomberg Radio at the M&A Advisor’s Annual Distressed Investing Summit

March 7, 2013

Peter Kaufman speaks with Bloomberg Radio at the M&A Advisor’s Annual Distressed Investing Summit on a range of topics, including the state of the restructuring market, recent Gordian work in the Hostess and American Airlines bankruptcies and the role of … Read more

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Peter Kaufman speaks with CNBC about Hostess Brands and the Bakers’ Union

February 6, 2013

Peter Kaufman speaks with CNBC about the Hostess Bankruptcy and the Bakers’ Union. The Union is looking to provide their skills and their unique position as a turn-key workforce to restart the iconic maker of bread and snack cake products, … Read more

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Bloomberg: Hostess Union Hires Investment Bank Gordian in Asset Sale

January 22, 2013

The union and the pension fund representing Hostess Brands Inc. workers hired investment bank Gordian Group LLC in connection with the bankruptcy of the maker of Wonder bread and Twinkies. The New York-based banking firm was selected in part for … Read more

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Reuters: New York banker Gordian Group to Advise Hostess’ Bakery Union

January 22, 2013

(Reuters) – The union and pension fund for Hostess Brands Inc HTBRS.UL has hired Gordian Group, an investment bank specializing in distressed cases, to help preserve jobs and workers’ benefits at the bankrupt maker of Twinkies snack cakes as Hostess … Read more

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Peter Kaufman speaks with Fox Business about AIG’s proposed sale of ILFC to a consortium of Chinese investors

December 10, 2012

Peter Kaufman speaks with Fox Business about AIG’s proposed sale of an 80% stake in ILFC, its airline leasing business, to a consortium of Chinese investors for $4.2 billion, making it China’s largest acquisition of an American company, as well … Read more

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Gordian Group Survey Highlights the Need for Improved Union-Management Relations

October 3, 2012

Gordian Group, a leading independent investment bank specializing in complex and distressed financial advisory work, today announced the results of a survey commissioned to capture public sentiments on corporate-labor relations during a time when corporations and unions alike face struggles … Read more

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Peter Kaufman speaks with Fox Business about municipal bankruptcies, as well as progress by the TWU in the AMR bankruptcy

August 9, 2012

Peter Kaufman speaks with Fox Business about municipal bankruptcies and regulatory changes in municipal bond disclosure, as well as progress by the Transport Workers Union of American – AFL-CIO (TWU) in the American Airlines bankruptcy.

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Peter Kaufman cited in Bloomberg News, "US Airways Accords Aid Labor in AMR Talks, Union Banker Says"

April 24, 2012

US Airways Group Inc. (LCC:US)’s tentative contract agreements with the Transport Workers Union at American Airlines boosted the labor group’s leverage in talks with the bankrupt carrier, a TWU banker said. The TWU, representing 24,000 workers at AMR Corp. (AAMRQ:US)’s … Read more

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