Association of Insolvency & Restructuring Advisors

JAMES M. LUKENDA, CPA, CIRA

JAMES M. LUKENDA, CPA, CIRA

Jim is a Corporate Advisory Services Managing Director of Huron Consulting Group LLC. He was formerly a partner in Arthur Andersen LLP’s New York Corporate Restructuring practice specializing accounting and financial consulting largely in corporate turnaround, loan workouts and bankruptcy situations.

Jim has provided assistance to clients with troubled debt restructurings, mergers, acquisitions and dispositions, litigation and claims analysis, fraud investigations and other financial consulting and bankruptcy assignments. His experience spans numerous industry categories including the heavy manufacturing, retailing, electronics, consumer products and distribution, construction and contracting, communications and publishing, real estate, and hospitality industries. Jim’s extensive bankruptcy and restructuring experience includes: preparation for and providing expert testimony on issues of business plans, liquidations, avoidance actions, substantive consolidation, and other reorganization and bankruptcy issues; development and evaluation of strategic business plans on behalf of debtors and creditors including the evaluation of customer and product profitability, store and plant profitability, overhead structure, and industry viability; analysis for providing expert testimony on business performance, lost profits, and underlying claims for damages; preparation and evaluation of valuation reports including enterprise value and liquidation analyses; negotiation and evaluation of terms of plans of reorganization and underlying post confirmation documents and covenants; negotiation and evaluation of out-of-court debt restructuring proposals; negotiation and evaluation of asset and going concern business sales in connection with representation of non-U.S. administrators and receivers; evaluation of alternative liquidation plans for cessation of business for non-U.S. parent; serving as a court directed examiner over debtor distributions and disbursements; providing technical and operational support for liquidation and creditor distribution trustees in handling proofs-of-claim, reserve requirements, taxes, and distributions; serving as technical advisor to engagement teams on financial and accounting issues regarding "fresh start" reporting and post-petition and post-confirmation accounting; analysis and formulation of operating and financial process improvements; serving as a teller or inspector of elections.

Education& Certification
BSBA, cum laude, Georgetown University School of Business Administration 1979
Certified Public Accountant (New Jersey and New York)
Certified Insolvency and Restructuring Advisor

Professional Associations
Board of Directors-Association of Insolvency & Restructuring Advisors (AIRA), INSOL (1999-2003)
President- AIRA (2002-present)
Member-American Institute of Certified Public Accountants

Volunteer Associations
Member-Tri State Board of Governors-Adoptive Parents Committee, Inc.
Member-Board of Governors, Treasurer-Adoptive Parents Committee NJ Chapter