Joseph V. Pegnia

Joseph V. Pegnia is a senior managing director with GlassRatner Advisory & Capital Group LLC in Atlanta and has 26 years of experience as a turnaround advisor. He has advised companies, lenders, bondholders, trade creditors and equityholders in both out-of-court and in-court proceedings. He has extensive experience in bankruptcy and district courts. Mr. Pegnia has been involved in more than 30 chapter 11 cases and multi-state federal receiverships, including some of the largest cross-border chapter 11 cases during the financial crisis, such as Abitibi Bowater Holdings and Lehman Brothers Holdings, Inc. Recently he served as receiver of a 100-bed skilled nursing facility, as CRO in the chapter 11 case of RMH Franchise Corp., the operator of 159 Applebee’s restaurants, valued a multi-billion dollar claim in the Westinghouse Electric Co. chapter 11 case and acted as financial advisor to the chapter 11 trustee in the Alliance Medical Holdings chapter 11 cases. His asset sale experience includes § 363 sales, assignments for the benefit of creditors, receivership sales and out-of-court processes. Many of Mr. Pegnia’s assignments have involved asset sales and/or capital raising transactions across a wide variety of industries and sectors. He received his B.S. in business and finance from Miami University in 1992 and his M.B.A. in finance from Xavier University Williams College of Business in 1996.