Philip J. Gund is a Senior Managing Director at Ankura and is based in New York. Philip has more than 32 years of professional experience, including 27 years working with troubled companies and their creditors, their investors, and court-appointed officials. He enjoys a national reputation as a restructuring expert and crisis manager forging consensual agreement among diverse parties. His troubled company experience crosses many different industries, including marine transportation; marine construction; automotive parts; renewable energy development, construction and operation; healthcare; hotel development and management; retail; co-op purchasing and distribution; daily publications; printing; import/export; real estate and construction; specialty chemicals; coke and electrode production; alternative energy development, construction, and management; telecommunications; golf courses and practice facilities; family entertainment centers; and manufacturing and wholesale distribution.
Philip has successfully advised and assisted clients on all aspects of the workout process including developing/evaluating business plans; performing due diligence procedures; developing, evaluating, and negotiating reorganization/restructuring plans; preparing/analyzing court and creditor reports; and valuations. He has provided expert testimony regarding plan feasibility, valuation, and best interests of creditors. Additionally, he has served as Chief Executive Officer, Chief Restructuring Officer, and Chief Financial Officer in crisis and interim management situations, as a Responsible Officer in liquidation matters, and as a member of the board in a number of matters.
Philip serves on the board of directors for Catholic Renewal, a charitable organization providing food and shelter to those in need in the New York area.
Prior to his current position, Philip was a founding principal of Marotta Gund Budd & Dzera LLC, which was acquired by Ankura in 2016. Prior to forming MGBD, Philip was a principal at Zolfo Cooper LLC where he provided consulting services to companies, creditors, investors, and directors in in troubled situations, as well as provided expert witness testimony.
Philip’s professional experience includes:
Board Member, Catholic Renewal, a charitable organization providing food and shelter to people in need in the New York area