Philip Fier's experience providing workout services on a $1 billion loan portfolio to 20 insolvent independent, middle market film and TV companies; acting as CFO/COO of a worldwide, independent distributor of a 1,000 title motion picture and television library and then as a senior financial and operational executive at two major studios gives him the ability to step into senior management roles to:
Work with attorneys and accountants on royalty audits and negotiate settlements of audit claims
Oversee accountants on forensic projects to investigate fraud and to untangle the most complex structures and transactions
Act as non-exclusive COO/CFO of troubled or thriving entertainment companies on behalf of owners, management, lenders or creditors' committee
Implement key policies, procedures and systems at companies to monitor performance and to develop cost savings
Advise secured and/or unsecured creditors on the optimal strategy to limit risk and maximize recovery, including reviewing bankruptcy filings, monitoring debtor's capital position and identifying assets to be sold
