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Indications of Underlying Vulnerability in the Motor Coach Industry

May 13, 2019, 10:39 AM by Mike Ermitage

Sitting in my office at Hilco Valuation Services on a brisk March day earlier this year, I put the phone down and headed into the hallway to share some surprising information with a colleague. That day alone, I had received three separate inquiries from around the U.S., all pertaining to potential valuation and liquidation engagements within the Motor Coach industry.

To put things into perspective, in the first ten years of my career in asset-based valuation services, I was not involved in a single liquidation of a motor coach fleet or even a single motor coach unit. So, what was going on? 

Read the full article in The Secured Lender

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