Tony Wayne, CPA, CFF, CVA, CIRA, is a
Certified Public Accountant with over 25 years of private industry senior operations experience.
Background - After a diverse career spanning 15 years in Big 8 public accounting/consulting and private industry, Mr. Wayne founded IronHorse in 1998 with an emphasis on complex turnarounds and restructuring consulting, crisis management, advisory services, CFO services, and litigation support. IronHorse is an ideal solutions resource for the closely held, family owned middle, or small-market industrial firms in transition serving a six-state region including Nebraska, Iowa, Kansas, Missouri, Oklahoma and Arkansas. Visit their website at
www.ihorsellc.com.
Litigation Support - Mr. Wayne is available to advise boards of directors, senior management, and corporate counsel in all litigation matters that can impact business practices, profitability, and continued viability. He maintains rigorous compliance with certifying and credentialing bodies and their regulations and scrutinizes the facts behind complicated forensic accounting and valuation issues.
He is a member of the American Bankruptcy Institute, including the Business Reorganization Committee and Fraud Task Force. In addition, he is a member of the American Institute of CPA’s, the Association of Insolvency & Restructuring Advisors, the National Association of Valuation Analysts, and the Turnaround Management Association,
Mr. Wayne's services include expert witness assistance (consulting and testifying), solvency opinions, rebuttal expertise, case assessment management, and services in other areas of dispute and pre-complaint, complaint, discovery, pre-trial, and settlement consulting.
Forensic Services Include:
- Fraud prevention, detection and response
- Financial Reporting Fraud and Irregularity Forensic Audits
- Electronic Evidence Analysis
- Preservation and Securitization
- Ponzi Scheme Analysis
- Asset Searches, Public Records Searches, and Related Party Search and Documentation
- Pink Sheet and Other Stock Scams
- Private Placement Fraud Analysis & Investigations
- Borrowing Base and other Bank Fraud Examinations/Investigations
- Criminal Investigations
Valuation Services Include:
- Family Law
- Mergers and Acquisitions-Buy & Sell Side Advisory
- Estate Tax Returns
- E.S.O.P Valuations
- Disputes
- Buy / Sell Agreements
- Distressed Business Valuation
- Plan of Reorganization Valuation
| Liquidation Plan ValuationLost Profit and Damages Computations/ValuationSolvency OpinionsGoodwill and Intangible Asset Fair Value Impairment ValuationLender & Private Equity Due Diligence / Portfolio ValuationsExit, Succession, Wealth and Estate PlanningValumetric Modeling and Template Development |
View Tony Wayne's Consulting Profile.
Thirty years ago, in the midst of an early-season slump, George Brett told reporters, "The first thing I look for in the Sunday papers is who is below the Mendoza line." Brett, who went on to hit .390 that year for the Kansas City Royals, was referring to Mario Mendoza, a light-hitting shortstop for the Seattle Mariners whose surname became synonymous with hitting futility.
Two years ago, you finally closed the big merger deal you spent what seems like years working on. Perhaps, your business is tied to commercial real estate development, construction, or building materials. Just when you were ready to start that big ramp up, the bottom fell out.
Executive Summary: Imagine the extraordinarily unusual challenge of valuing a going-concern start-up enterprise yet to make their first sale which was completely destroyed by a casualty loss and never-reopened. Further complicated by the inherent ambiguity, risk and complexity of the embryonic development stage industry in which they were attempting to operate and succeed.
In certain situations, the sale of an operating entity as a going concern in a receivership proceeding is a viable alternative to seeking relief under the Bankruptcy Code. Receivership going-concern sales may be especially appropriate in complex situations where enterprise value is declining, but the company is not hopelessly insolvent. This article briefly highlights those conditions, factors, situations and circumstances that may contribute to or impede a successful going-concern transaction within a court-supervised commercial receivership.
