Business Restructuring • Financial Consulting • Real Estate Services • Trustees & Receivers








Newleaf Corporation 

Financial Consultant


1987-Present - Newleaf Corporation, Smyrna.
• Financial Consultant, Principal of financial consulting and management and real estate services company specializing in liquidation, restructuring and forensic accounting services for financially distressed businesses and/or their creditors; see the accompanying "Summary of Significant Engagements/ Accomplishments" of Newleaf Corporation
• Analysis and evaluation of the financial position of businesses and real estate portfolios, including evaluating the income tax posture of investors and constructing financial analysis models.
• Formulation of a going-forward workout plan and financial strategy for businesses, including assessing asset values and income potential and preparing related financial forecasts.
• Execution of workout plans by structuring and negotiating transactions, such as sales, leasing, refinancing and/or restructuring the terms of financing based on business cash flow capabilities.
• Forensic accounting and examination assignments to reconstruct accounting records and financial activities of businesses, to evaluate alleged improprieties of management and to identify and recover misappropriated assets.
• Litigation support,  and expert witness services with respect to damage analysis, financial reporting, auditing, and/or economic viability of troubled businesses.
• Trustee and Financial Advisor/Consultant to bankruptcy estates in major bankruptcies and Chief Financial Officer services to financially distressed businesses.

1969-1987 - Arthur Andersen & Co., Atlanta.
• National Practice Coordinator of Real Estate--Accounting and Audit Practice, member of firm wide Real Estate Industry Team, and Principal in Audit Division of Atlanta office.
• Formulated strategies and policies for the firm to respond to emerging real estate industry business issues and liaise with National Headquarters personnel on real estate matters.
• Provided consultation to partners throughout the firm on clients' real estate accounting, business and practice problems.
• Authored the firm's real estate accounting policies, real estate industry competence binders, and a number of real estate industry training courses.
• Responsible for the firm's annual advanced real estate industry seminar for experienced real estate partners and managers.
• Directed engagement responsibilities for clients in a wide variety of industries that have collectively involved all facets of real estate development, lending and investing activities and virtually every type of business organization and land use.


• Savings and loan association--analysis of troubled real estate projects in connection with a purchase investigation.
• Insurance company--business review of adequacy of financial systems to manage diverse portfolio of real estate investments.
• Savings and loan association--evaluation of loss reserves on $900 million portfolio of troubled commercial real estate loans.
• Developer--formulation of a business plan to dispose of troubled properties, fully utilize tax NOLs, and retire delinquent bank indebtedness.
• Real estate investment trust-preparation of "current value" financial statements based on independent appraisals of real estate portfolio of commercial property.
• Numerous-pre-acquisition investigations of real estate projects and portfolios including analyses of valuations and operating cash flows, evaluation of financial projections, and identification of potential problems.


• Speech: "Sick Businesses: When is Euthanasia Appropriate?" for Shearson Lehman Brothers seminar
• Article: "Cash Flow Reporting: A `Total Business' Perspective" for Real Estate Accounting & Taxation.
• Article for the Experience Exchange Report of the Building Owners and Managers Association.
• Speech: "Solutions to Problem Real Estate Loans and Projects" to Bank Lending Institute.
• Speech: "Real Estate Current Value Reporting" to National Council of Real Estate Investment Fiduciaries.
• Panel Member, "Security Law and Accounting Update for Law and Accounting Conference" of the National Association of Real Estate Investment Trusts.
• Speech: "Emerging Issues in Real Estate Accounting" for Accounting Conference of the University of West Florida
• Past Member of Real Estate Committee of the American Institute of Certified Public Accountants; assisted in preparation of the AICPA Audit and Accounting Guide, Use of Real Estate Appraisal Information


• University of Tennessee, Knoxville, B.S. Degree in Business Administration; Accounting Major (1969).
• Certified Public Accountant (Georgia), and Certified Fraud Examiner.
• Member of American Institute of CPAs, Georgia Society of CPAs, and Association of Certified Fraud Examiners.
• Licensed Real Estate Broker (Georgia).


2400 Herodian Way, Suite 135 North Wing  •  Smyrna, Georgia 30080 •  Phone: (770) 690-8819  •  Fax: (770) 690-8443