David Goad is a Senior Director in FTI’s Corporate Finance & Restructuring practice and is based in Seattle. Mr. Goad has over 8 years of experience advising bank syndicates, private placement noteholders, creditor committees, and other stakeholders in restructuring and workout situations, including serving as liquidating trustee of bankruptcy estates. His engagements have included public and private companies in the automotive, energy, financial, grocery retail, manufacturing, mining, and telecommunications industries. Mr. Goad has diverse energy experience, including advising various stakeholders of exploration & production, onshore and offshore oilfield services, and power companies.
Mr. Goad has successfully executed numerous out-of-court workouts and amendments, as well as in-court Chapter 11, state court receivership, and international insolvency proceedings. Mr. Goad’s financial advisory experience includes evaluating strategic alternatives; negotiating with key stakeholders; assessing and setting covenant levels; preparing financial projections; conducting reviews and assessments of business plans, optimal capital structure, and liquidity needs; preparing creditor recovery analyses; and reviewing and assessing plans of reorganization and other key bankruptcy documents. Post-insolvency, Mr. Goad’s liquidating trustee experience includes claims reconciliation, preference analysis, prosecution of avoidance actions, and trust administration.
Selected recent engagements include the following: A&P, Blitz USA, Centaur, Delta Petroleum, Energy Future Holdings, Energy & Exploration Partners, GenMa, Intrepid Potash, RCS Capital Corporation, Takata, TerreStar, and numerous non-public engagements (including in the power, oilfield services, manufacturing, and death care industries).
Mr. Goad holds a B.S. in Accountancy and Finance from Villanova University. He is a member of the Association of Insolvency & Restructuring Advisors and the Turnaround Management Association.