Executive Sounding Board Associates announced that its team of restructuring and performance improvement professionals has joined EisnerAmper's Philadelphia office. Led by Robert Katz and Michael DuFrayne, who joined the firm as Managing Directors, the team will extend the capabilities and expand the scope of EisnerAmper's Bankruptcy and Restructuring practice.

"Rob, Mike and members of their team are well-known and well-respected in the industry and will enhance our already strong bankruptcy and restructuring practice," said Allen Wilen, national leader of EisnerAmper's Bankruptcy and Restructuring Group. "Their expertise will serve to elevate the services we offer that help our clients maximize performance, improve cash flow and increase growth. Their national network of clients and contacts will contribute to the Firm's growth and development throughout the United States."
 
Robert Katz has more than 25 years of experience working with public and private middle-market companies. Through his focus on performance improvement he has helped healthy companies as well as underperforming and financially troubled businesses across a wide variety of industries. He also assists companies in debt refinancings and has guided clients through strategic acquisitions, raising equity capital, and divestitures. In a leadership capacity, Katz has acted as Interim President, CFO, COO, CRO and has served as a plan administrator, distribution trustee and receiver. He has also served as advisor to trustees, creditors' committees, company management, lenders and private equity funds and has been named one of the top restructuring consultants in the country.

Michael DuFrayne is a seasoned restructuring professional with more than 35 years of financial management and business advisory experience serving debtors, creditors' committees, banks, funds, trustees and other parties of interest. He has led the successful operational and/or financial restructuring of hundreds of companies facing challenging or complex situations with his unique hands-on approach. His assignments have included out-of-court restructurings and liquidations, Chapter 11 and Chapter 15 proceedings with public and privately held companies of all sizes, post-confirmation litigation and/or liquidation trustee, and as an advisor to trustees and receivers.

"We are excited to have Rob, Mike, and their team join our growing Philadelphia practice," said Lori Reiner, EisnerAmper Philadelphia Region Partner-in-Charge. "Their experience and reputation for providing high quality bankruptcy and turnaround services match well with our existing group, and they will be an invaluable resource to our clients."

Katz commented by saying, "We are happy to join the rapidly-growing and well-regarded EisnerAmper team. I am confident that the professionals from Executive Sounding Board Associates will fit in well and make a meaningful contribution to EisnerAmper's continued growth."