Gregg Yorkison Los Angeles

General

The Game of Golf

Shared by Gregg Yorkison, C.Y.G. Having spent most of his life in Southern California, Gregg Yorkison of C.Y.G. has seen plenty of perfect days for golf. Working in finance, he has also found plenty of opportunities to merge business and…

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ABCs – Assignment for Benefit of Creditors Transactions

Shared by Gregg Yorkison, C.Y.G. An Assignment for Benefit of Creditors (ABCs) transaction is an insolvency mechanism. It is often recommended for companies when a bankruptcy doesn’t make sense. Gregg Yorkison of C.Y.G. walks us through how the process works.…

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Blockchain Technologies for Turnarounds

Shared by Gregg Yorkison, C.Y.G. When a company has had a period of poor performance, it’s not always a sign that things are beyond hope, according to Gregg Yorkison, a Managing Partner at C.Y.G. A well-enacted turnaround can have positive…

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.