Wayne
Walker is the Principal of Walker Nell Consultants, Inc. (“WNC”),
a business consulting firm. Consistent with his experience
of twenty years, Mr. Walker focuses on interim operational
assignments, liquidations, trustee services, examiner and
receiver roles, claims reconciliation, environmental trustee
roles, plan administration and wind-downs.
Mr.
Walker was Principal of W. R. Walker & Associates, an
independent consulting firm for three years. The previous
15 years Mr. Walker worked for the DuPont Company in Wilmington,
Delaware, where he served as Senior Counsel. There he developed
a national reputation for his expertise in business restructuring
and insolvency, workouts, bankruptcy, financing and liquidations.
Mr. Walker advised DuPont’s Financial Services Division, which
was responsible for assessing customers’ creditworthiness
as well as restructuring debtors, whether in or out of court.
Mr. Walker advised on DuPont matters in the medical products,
automotive, plastics, electronics, surfacing, fiber and petrochemical
industries.
Three years prior to founding WNC, Mr. Walker was a Principal
in a 500-person consulting and accounting firm. He was resident
in the Business Reorganization Group where his practice focused
on business restructuring, wind-downs, liquidations, interim
operations, fiduciary roles and assignments for the benefit
of creditors.
Mr.
Walker has chaired numerous creditor committees including
Standard Brands, Inc., Polycast /Uniroyal Company, Outdoor
Sports Headquarters, Inc. Mr. Walker has also served as chief
officer of several debtors-in-possession, including Allied
Digital Technologies, Inc., filed in the District of Delaware;
boo.com North America, inc., whose Chapter 11 plan was confirmed
in the Southern District of New York. Mr. Walker also serves
as Assignee for the Benefit of Creditors of eTours, Inc.,
whose major assets he recently sold to Ask Jeeves, Inc., a
publicly traded Internet company. Mr. Walker also serves as
Disbursing and Claims Agent for General Cinemas, Inc., a post
Chapter 11 debtor-in-possession who, when a public company,
operated movie theatres throughout the United States and South
America. In addition, Mr. Walker serves as Liquidating Trustee
for Dairy Mart Convenience Stores, Inc., Liquidating Trust,
a post Chapter 11 debtor-in-possession. Dairy Mart operated
nearly 500 convenience stores through out the mid-western
United States.
Mr.
Walker is a Chapter 7 trustee in the Eastern District of Pennsylvania
and has presided over numerous cases including Regal Industries,
Inc., a former watchband wholesaler, and Legend Healthcare,
Inc., a former medical insurance claims agent.
For
three years, Mr. Walker served as Chairman of the Board of
Directors of Habitat for Humanity International, a then $400
million plus global non-profit housing organization spanning
60 countries. Mr. Walker led the 27- member Board, governed
650 employees and turned the organization’s losses into a
reserve. Mr. Walker also held positions of corporate secretary
and chairman of the Executive and Human Resource Committees
of the Board during his eight year tenure.
Mr.
Walker has written for the Annual Survey of Bankruptcy Law
and has spoken on debtor/creditor rights and committees issues
throughout the country.
Mr.
Walker has a Doctor of Jurisprudence from Catholic University
(Washington, DC) and a Bachelor of Arts from Loyola University
(New Orleans). His education has been supplemented by various
continuing education courses offered by the Practicing Law
Institute and American Bankruptcy Institute. Such courses
include Accounting for the Business Lawyer, Norton Bankruptcy
Litigation Institute, E-Commerce, Creditors’ Rights Issues,
Preference and Fraudulent Conveyance Issues. Mr. Walker studied
Finance for Non-Financial Manager at the University of Chicago
Graduate School of Business.
Mr.
Walker is an attorney licensed by the State Bar of Georgia.
He is a member of the State Bar Association of Georgia, American
Bar Association and American Bankruptcy Institute.
Mr.
Walker serves on the boards of directors of People for People
Community Federal Credit Union and People for People, Inc.,
where he chairs the Finance Committee.