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Huron Consulting Group Adds Senior Restructuring Expert

April 27, 2015, 07:49 AM

Huron Consulting Group, a leading provider of business consulting services, today announced that Stephen B. Darr has joined Huron Business Advisory as a managing director. Darr is a well-known advisor to distressed companies and will help clients with significant reorganization assignments.

“Steve has been involved in many significant assignments as an advisor to creditors and debtors, as a chief restructuring officer, a trustee, and as a forensic and bankruptcy financial expert. He adds additional C-level skills from his extensive restructuring and turnaround assignments,” said John C. DiDonato, managing director and Huron Business Advisory leader. “Huron Business Advisory clients and our own people will benefit from the diversity of experience Steve brings to our practice.”

Darr joins Huron from Mesirow Financial Consulting, and has provided financial advisory, interim management, fiduciary services, litigation support and expert testimony for more than 35 years. He is a Certified Insolvency and Restructuring Advisor and holds a Certification on Distressed Business Valuation. Darr is a Fellow of the American College of Bankruptcy and a Director of the Association of Insolvency and Restructuring Advisors.

Darr is the Chapter 11 trustee for TelexFree, LLC and he recently served as financial advisor to the Chapter 11 trustee for New England Compounding Pharmacy, Inc. Darr’s other high-profile engagements include leading engagements involving Calpine, Worldcom, Inc., Armstrong World Industries, Inc., Genesis Health Ventures, Inc., and Formica Corporation.

Huron Business Advisory resolves complex business issues and enhances value with a full suite of services for middle-market companies and larger businesses, including forensic investigations, transaction advisory, restructuring and turnaround, interim management, capital raising, operational improvement, and valuation. Our senior-level team members have vast experience in a range of industries, with many serving as C-level executives, who quickly analyze a business situation and apply our knowledge to finding a workable solution.

Huron Consulting Group helps clients in diverse industries improve performance, transform the enterprise, reduce costs, leverage technology, process and review large amounts of complex data, address regulatory changes, recover from distress and stimulate growth. Our professionals employ their expertise in finance, operations, strategy, analytics, and technology to provide our clients with specialized analyses and customized advice and solutions that are tailored to address each client's particular challenges and opportunities to deliver sustainable and measurable results.

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