William B. Murphy
Bill Murphy is a senior director at Zolfo Cooper. He has more than 30 years of professional experience, including more than 25 years specializing in corporate restructurings. He has advised troubled companies, their creditors and other economic stakeholders in both Chapter 11 and out-of-court workouts.
Recently, Bill advised Flying J, an $18 billion integrated oil company with operations in exploration, production, refining, transportation, wholesaling and retailing of petroleum products, including 250 full service travel plazas. Bill led the day-to-day activities of the company’s Chapter 11 reorganization. Previously, Bill advised The Industrial Company (TIC), a $2 billion privately held general industrial construction company during its out-of-court restructuring.
Bill was one of the team leaders directing the day-to-day activities in the Chapter 11 of Collins & Aikman, a $4 billion auto supplier. Previously, Bill served as interim CFO of Penn Traffic, a $3 billion supermarket chain. His expertise includes interim management, advising management and creditors on strategic planning, corporate viability, business plan alternatives, financial projections and debt restructuring.
Bill’s experience reflects a cross-section of industries, including airline, steel, retail, manufacturing, restaurant, entertainment and distribution. He has provided restructuring expertise in several situations, including MCI WorldCom, Polaroid, Penn Traffic, Hedstrom, Washington Group International, Pan Am and Eastern Airlines. His international experience includes advisory work on airline restructuring situations in Mexico and Brazil. Prior to joining Zolfo Cooper in 1997, Bill was a partner in the restructuring group of Ernst and Young, where he worked for 15 years. Previously, he worked for Main Hurdman (now KPMG).
- B.S. in accounting from Lehigh University
- Member of the American Institute of Certified Public Accountants, the New York State Society of Certified Public Accountants and the Association of Insolvency and Restructuring Advisors