Hallwood a Monaco and Dallas based family office that has for many years specialized in investing in and providing “rescue financing” to diversified U.S. and U.K. companies.
We currently have investments in oil and gas, protective building systems, textile products, litigation finance and money management.
Hallwood was formed in England in 1938 as a public company specializing in commercial and residential real estate investment in London.
In 1977, Mr. Gumbiner, an Investment Banker and a Solicitor of the Supreme Court of Judicature of England, acquired control and concentrated on developing Hallwood into a financial services company listed on the NYSE specializing in Corporate Rescue Financing in London and New York.
Corporate rescue financing involved first using sophisticated research techniques to locate financially distressed, publicly owned corporations, then assisting selected companies with customized restructuring plans before they entered bankruptcy.
Mr. Gumbiner’s first restructuring using an underwritten deep discount stockholder rights offering was Bank and Commercial Holdings Limited, a public company listed on the London Stock Exchange.
In 1979, Mr. Gumbiner took his rights offering technique to the US and thereafter successfully rescued inter alia First Pennsylvania Mortgage Trust, The UMET Trust, (the Union Bank of California Real Estate Investment Trust), the bankrupt Chase Manhattan Realty Trust and Institutional Investors Trust in New York His highest profile restructuring, sold in 1996, was Chuck-E-Cheese, a national children’s entertainment restaurant chain, listed on the NYSE.
In 2014, Mr. Gumbiner privatized Hallwood and recreated the company as a family office.
“Hallwood” is a registered trademark with the United States Patent and Trademark Office for financial services in oil and gas, energy and real estate.