• Representing debtors, creditors, and other parties-in-interest
• Facilitating vendor and customer negotiations, accommodation agreements, debt restructurings, and recapitalizations
• Planning and executing sell-side processes, including the disposition and liquidation of underperforming assets
As a partner with Amherst Partners, Sheldon Stone works every day to effectuate the best outcomes for his clients and their businesses. He brings to the practice more than 20 years of experience in corporate restructuring, with firms like Plante Moran and Booz Allen. Sheldon primarily focuses on debt transactions, as he finds it rewarding to guide his clients through the complex process of determining the most beneficial resolution for both the client’s company and the client as an individual.
In addition to the outstanding expertise of the firm’s staff, Sheldon credits the culture at Amherst Partners as a key part of its stellar reputation in the marketplace and its successful work on behalf of its clients. Building relationships on respect and mutual trust is central to how he and firm operate, and he believes this translates into Amherst Partners being viewed as a firm of choice for both clients and employees.
Additionally, Sheldon thinks it is important to develop talent by providing opportunities for professional growth and sharing knowledge, and to stay current on the trends across the industry through networking and research. Further, as a result of his deep experience and dedication to his profession, Sheldon is a recognized expert on corporate restructurings, turnaround situations, and trends in the auto and energy industries, and he frequently gives presentations and conducts interviews on these topics. His belief in continuous development and being involved drives him to be active in several professional organizations, such as American Bankruptcy Institute (ABI), Commercial Finance Association (CFA), Turnaround Management Association (TMA), as well as many others.
Sheldon also hosts his own podcast; Whose Company is it Anyway. This monthly podcast explores different aspects of financially distressed companies with owners of these companies and professionals who work in the industry.
Outside of his work with Amherst Partners, Sheldon has many and varied interests. Foremost is spending time with his wife and dog, Wrigley. He is also an avid baseball fan, having visited many of the ballparks throughout the United States. Other activities that he deeply enjoys are reading, traveling, gardening, and exercise. These pastimes have helped shape Sheldon’s professional and personal outlook, by broadening his world view and keeping his mind and body agile and healthy.
Sheldon also believes strongly in being a good citizen by giving back, he embodies this mantra through his efforts with several community-focused organizations. He is a member of the Business Practices Committee of the Jewish Federation of Metro Detroit and a past Chair of the Board of the Jewish Family Service of Metro Detroit; this group assists underserved populations, such as Holocaust survivors, battered spouses and those in financial distress. He also is on the Board of the Detroit chapter of the Secured Finance Network (SFN), formally the Commercial Finance Association (CFA).
I’m fortunate in that I love the work that I do, and I plan on doing it for years to come. Most importantly, I am proud of the solutions that we at Amherst Partners engineer on behalf of our clients, finding the best outcomes in a principled manner.
Sheldon is a former triathlete, and has participated in several Iron Man Challenges.
I would love to be a member of the ground crew at Wrigley Field. It would be something special to work at one of the most historic baseball parks in the world outdoors, and to spend my day outdoors grooming and enhancing the playability of the field for the players.