Neil F. Luria serves as President and leads SOLIC’s Restructuring and Distressed Asset Support Services divisions. He specializes in capital restructuring, operational remediation, and alternative recovery strategy and execution support on behalf of the firm’s clients. He has significant experience negotiating and restructuring balance sheet obligations, overseeing asset divestitures and orderly liquidations, and pursuing major litigation settlements. Mr. Luria often serves in the capacity of Chief Restructuring Officer, fiduciary and board member roles where he is responsible for orchestrating operational and capital restructurings, as well as managing the wind-down and disposition planning and execution for a wide array of asset classes. While at SOLIC Capital Advisors (and its predecessors, Navigant Capital Advisors, LLC and Casas Benjamin & White, LLC), he has restructured and overseen the successful monetization of over 250 operating business units and numerous illiquid asset portfolios, with a particular emphasis in the healthcare, financial services, real estate, infrastructure, energy, professional services, and processing/distribution industries.
Mr. Luria has served as Chief Restructuring Officer and Liquidating Trustee for numerous entities including Taylor, Bean & Whitaker Mortgage Corp., the largest independent originator of residential mortgages, Louisiana Medical Center and Heart Hospital, and PBI Regional Medical Center. In addition, Mr. Luria has served as Liquidating Trustee of SageCrest LLC, Mortgage Lenders Network USA and Orthodontic Centers of America. He has also served as a member of the Liquidating Trust Committees of various entities across a range of industries. Mr. Luria has sat on numerous boards of directors including Spectrum Diagnostic Imaging, LLC, an operator of diagnostic imaging centers and Stampede Meats, Inc., one of the largest domestic meat processors. Mr. Luria has also served in various capacities in connection with the strategic disposition planning, execution, and orderly wind-down of a number of high profile hedge funds and private equity funds.
Before joining SOLIC Capital Advisors (and its predecessors), Mr. Luria served as crisis manager and President of BMJ Medical Management, Inc. (NASDAQ: BONS), an operator of ambulatory surgery centers, imaging centers and physician practices. While at BMJ, he oversaw the company’s orderly liquidation efforts, leveraging creative litigation strategies that realized a 100% recovery to its Senior Secured Lenders. Prior to BMJ, he was engaged in the private practice of law at the firm of Jones Day Reavis & Pogue. Mr. Luria’s practice involved the representation of venture capital and leverage buyout funds in connection with their portfolio investments, related add-on acquisitions and subsequent divestiture transactions. In addition, he was involved in numerous securities offerings ranging from global initial public offerings to private placements.
Mr. Luria received his Juris Doctorate from the Boston University School of Law where he served on the Boston University Law Review and his undergraduate degree in Economics from the Wharton School of the University of Pennsylvania. He holds an AIRA certification as a Certified Insolvency & Restructuring Advisor and is also FINRA Series 63 and 79 licensed.