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



 

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Newleaf Corporation 
Corporation 



LLOYD T. WHITAKER, President

PROFESSIONAL EXPERIENCE

1986-Present - Newleaf Corporation, Smyrna.
• Formed and presently owns the company, which provides professional business consulting and management services to financially distressed or underperforming business entities, with particular emphasis on troubled real estate entities and projects.
•  Company offers a broad spectrum of consulting and management services
•  Personally serve as state and federal court Receiver and Special Master as well as Chapter 11 and Chapter 7 Trustee in Bankruptcy, Liquidation Trustee (pursuing debtor entity's causes of action against officers and directors, accountants, lawyers and others) and Examiner in significant bankruptcies.

1984-1986 - Pursuit of personal business/investment objectives, Atlanta.

1975-1985 - Cousins Mortgage and Equity Investments (NYSE), Atlanta.
•  President and CEO (1975-1984); Chairman (1978-1985);
•  Assumed leadership of a financially troubled, publicly held Real Estate Investment Trust (REIT) and led it through a successful financial turnaround and merger (into CMEI, Inc. and Newcorp, Inc.) and a subsequent diversification acquisition [of Pier I Imports, Inc. (NYSE)] designed to provide a mechanism for utilizing the former REIT's $70 plus million tax loss carry forward.
• Coordinated credit restructure and ultimate full debt retirement (through asset swaps and cash repayments) of more than $300 million in senior unsecured debt held by more than forty lenders in the U.S. and Europe; restructured refinanced and fully repaid $30 million in senior subordinate bonds held by more than 1,000 public bondholders.
• Acquired (primarily through foreclosure), rehabilitated/completed and/or developed, repositioned, operated, marketed and disposed of (by asset swap or sale) a diverse portfolio of real estate projects covering 44 states and Canada comprised of garden, mid-rise and high-rise apartments, condominiums, office parks and free standing office buildings, strip and neighborhood shopping centers, mobile home and travel trailer parks, high-rise urban hotels and roadside motels, warehouses and industrial properties, second home and recreational properties, and raw land (ranging from 8,000 acres of wilderness area intended for recreational and second home development, numerous "subsequent phase" project expansion plots to a variety of urban sites with multi-use and/or retail, office and residential potential).

1970-1975 - Cousins Properties Incorporated (OTC), Atlanta.
• President, Office Development Division (1973-1975)
• The Division developed on a joint venture basis and sold profitably in excess of 1.5 million square feet of downtown high rise and suburban mid and low-rise office space in the Southeastern U.S. with partners such as Fidelity Mutual Life Insurance Company, Rockefeller family interests and others.
• President, Downtown Development Corporation (1970-1973)
• Company assembled land for anticipated 70 plus acre multi-use land and air rights development in downtown Atlanta, Georgia, and participated as developer for The Omni Arena, the multi-use (office/hotel/retail/recreation) Omni International (now CNN Center) and the Georgia World Congress Center.
1960-1970
Alston Miller & Gaines (now Alston & Bird), Attorneys, Atlanta.
• Partner, (1964); Chairman, Litigation Department (1965-1969).
• Adjunct Professor of Law, Emory University Law School (1963-1970).

EDUCATION/MILITARY SERVICE

Emory University School of Law, Atlanta, LLB Degree, With Distinction (1958-1961); JD (1962).

Officer, U.S. Marine Corps, Korea, Japan and USA (1954-1958).
• Aide-de-camp to B. Gen. F. C. Croft, USMC. (1955-1958)
• Hold rank of Major, USMCR (Ret.).
• "Founder" of the National Museum of the Marine Corps ad currently serving as a director of the Marine Corps Heritage Foundation (which, inter alia, owns the National Museum)


Emory University, Atlanta, B.A. Degree, major in Political Science (1953-1954).

Oxford College of Emory University, Oxford, Ga. (1951-1952).

PERSONAL

Married to Mary Ann Baker Whitaker, three adult children. Hold or have held offices and/or directorships in numerous professional, civic, social and business corporations and organizations. Also have chaired or co-chaired special committees and/or task forces for the City of Atlanta, Atlanta Chamber of Commerce, Central Atlanta Progress, Research Atlanta, The Georgia Council for International Visitors and the North Georgia Council of Girl Scouts of America.

 

Past Chairman of the Board of Visitors of Emory University. Speaker/participant in and at seminars and programs relating to business and/or real estate turn around. Served three times as general co-chairman of the re-election committee for former Atlanta City Council President, and have held various positions on a variety of election/re-election committees for local and statewide candidates. Roman Catholic. Hobbies are racquet sports, politics and travel. Health excellent.

 

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