Gregg Yorkison Los Angeles

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Gregg Yorkison | Tightening Credit Market

Shared by Gregg Yorkison Los Angeles The term “credit market” refers to the market where individuals, businesses, and governments can borrow money from lenders such as banks, credit unions, or other financial institutions. These lenders make money by charging interest…

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Gregg Yorkison | Solutions To Bank Workout Group

Shared by Gregg Yorkison Los Angeles When a bank or company faces bankruptcy, a workout is a process to help them avoid it. A workout involves working with a team of experts, such as financial consultants and lawyers, to create…

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Gregg Yorkison | What to Do When You Know You’re Going To Blow a Covenant

Shared by Gregg Yorkison Los Angeles A covenant is a promise or agreement a borrower makes to a lender when borrowing money. Covenants protect the lender’s interests in the banking industry and ensure the borrower can repay the loan. Covenants…

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Gregg Yorkison Los Angeles | Crypto Stress

Shared by Gregg Yorkison Crypto stress is people’s anxiety and worries when dealing with cryptocurrency. It can be caused by different factors, such as the volatility of the market, concerns about security, and fear of missing out or experiencing investment…

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Gregg Yorkison Los Angeles | Bank Stress

Shared by Gregg Yorkison Bank stress is when a bank faces difficulties in maintaining its financial health. It can be caused by various factors such as economic downturns, bad loans, or regulation changes. Liquidity problems, asset quality deterioration, and capital…

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The Distressed M&A Turnaround

Shared by Gregg Yorkison, C.Y.G. A distressed merger and acquisition (M&A) occurs when a company is in a financially difficult situation. While it may seem like a bad starting point, distressed M&As make up a large portion of M&As, and…

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§363 Sales: Asset Sales in Bankruptcy

Shared by Gregg Yorkison, C.Y.G. Mergers and Acquisitions (M&A) are referred to as §363 sales in bankruptcy court. Here’s a rundown, provided by Gregg Yorkison of C.Y.G. It shows what that actually means for a company’s assets going through the…

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A Startup NFT Concept

Shared by Gregg Yorkison, C.Y.G. NFT startups are booming right now, but what really sets those that succeed apart from the rest? The answer is often in what kind of impact the company makes. Is the focus purely on NFTs,…

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Cryptocurrency, Blockchain, and Fintech – The Companies That Don’t Make It

Shared by Gregg Yorkison, C.Y.G. There are a lot of potential successes out there with cutting-edge technology and finance. Cryptocurrency, blockchain, and fintech companies all have the capability to create success stories and bring wealth to shareholders, investors, and creditors.…

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Cooking Made Easy – The Perfect Blueberry Sorbet

Shared by Gregg Yorkison, C.Y.G. We had a few friends, including Gregg Yorkison of C.Y.G., come over to taste this latest classic creation with a twist. With more than twenty-four years of experience in corporate finance transactions and operational management,…

Gregg Yorkison is the founding Partner of C.Y.G. in Los Angeles CA has almost three [3] decades of experience in corporate finance, restructurings and workout advisory. Experience and expertise covers both traditional industries such as manufacturing, distribution, and service businesses, but has expanded to fintech / blockchain / crypto / and payments (“Fintech”).

The advent of Fintech in recent years has created new opportunities for entrepreneurs, investors and turnaround professionals. C.Y.G. provides a range of assessment, restructuring, wind-down and monetization solutions to both traditional and Fintech markets.

By leveraging experience and recent involvement in several stressed and distressed Fintech matters, we serve as an invaluable resource to investors and their legal advisors in navigating this rapidly evolving landscape.

CYG’s engagements usually coincide with some type of distress or crisis. These include matters both in and out of court. In some cases Mr. Yorkison is brought in as Chief Restructuring Officer (“CRO”) whereby Mr. Yorkison assumes the role as the Officer in charge of all business operations, cash management, employment, and reporting. These matters typically occur where there is a dispute amongst ownership or the need for an “agent of change” as required by a secured party. These crisis situations usually have little to no advance notice yet Mr. Yorkison has successfully managed through these situation by stabilizing operations, implementing appropriate reporting, advising the Board of Directors, and setting strategy to move the business forward in a positive manner.

In addition to CRO, Mr. Yorkison has significant experience in valuation, M&A (sell-side and buy-side), §363 sales, Assignment for Benefit of Creditors (“ABC”) transactions, debt placement, refinancings, recapitalizations, capital raising mandates and licensing.