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Patrick Diercks
Managing Director | Clear Thinking Group, LLC
Diercks has over 12 years of experience as a consultant in the turnaround/restructuring arena dealing primarily with companies in consumer product manufacturing/distribution and retail. He has participated in numerous assignments related to cash management and operational performance improvement.

He has been retained to assist clients with the preparation and analysis of business plans, financial statements, cash flow reporting and forecasting, collateral analysis and monitoring, out of court wind-downs, labor standards development, and POS implementation/training. Diercks has provided services to the Debtor within the Chapter 11 bankruptcy process including: the preparation of cash collateral forecasts, DIP budgets, claims analysis, asset analysis and recovery, and estate wind-down activities. Additionally, he has performed interim senior management roles including operations, finance, logistics, customer service, distribution, and inventory control. He has also been retained by multiple bankruptcy estate trustees post confirmation to assist in managing/administering the plan. His responsibilities included claims analysis, preference analysis, and distribution of funds to creditors. Diercks is a Certified Insolvency and Restructuring Advisor through the AIRA.

Posts by this Author:

In today’s competitive landscape in retail, the average basket size for an e-Commerce sale is greater than that in brick-and-mortar locations. Read Full Article

Industry Trends
May 03, 2016 @ 07:00 AM