Mr. Marc Bilbao

Marc Bilbao is a managing director in the Los Angeles office of Imperial Capital, LLC and co- head of its Restructuring Group. Prior to joining Imperial Capital, he was a managing director in the Los Angeles office of Giuliani Capital Advisors and was a member of Giuliani Capital's Board of Managers and its Commitment Committee. Mr. Bilbao focuses on representing companies, senior lenders and creditors in all phases of workouts and restructuring transactions, including the devel- opment of turnaround business strategies, debt and equity restructurings, and M&A transactions. Prior to joining Giuliani Capital, he was executive director in the Debt Restructuring and Workout Group of CIBC World Markets in New York. While in that capacity, he played an integral role in the assessment, valuation and management of various distressed assets. Mr. Bilbao has had significant experience in various out-of-court related restructurings, including M&A transactions, debt restruc- turings, debt-for-equity swaps and partnership negotiations. Prior to that, he held various positions in the leverage finance departments of both domestic and foreign banks. Mr. Bilbao is a member of the New York and Los Angeles Societies of Security Analysts, the Turnaround Management As- sociation and ABI, and is a frequent speaker and panelist on turnaround issues. He received his B.S. in business administration from Seattle University and is a Chartered Financial Analyst.