Karl Knechtel, CIRA

RK | Consultants, LLC

New York, NY

Karl Knechtel is an experience Turnaround & Restructuring practice with over 20 years of experience in restructuring, forensic accounting and litigation services. His industry experience includes healthcare, retail and consumer products, construction, restaurant and food services, manufacturing, telecommunications and professional services.

Mr. Knechtel has experience serving the various parties-in-interest for bankruptcy proceedings and has served as financial advisor to numerous creditors’ committees. Mr. Knechtel is also experienced in forensic accounting including fraudulent conveyance litigation and investigating financial frauds.

Mr. Knechtel’s recent experience includes advising the Debtor of G Star Raw Retail, Desigual, Furla and Geox, the Unsecured Creditors’ committees of Specialty Retail Shops Holding Corp. (Shopko), the settling states in Purdue Pharma, financial advisor for the Independent Managers of Payless Holdings LLC and representing the Debtors for Neighbors Health, a chain of emergency centers located in Houston, Texas.

Some of Mr. Knechtel’s  additional previous clients include serving as the financial advisor for the Unsecured Creditors’ Committees of Loehmann’s, United Retail Group, Vann’s and Norwood Promotional Products. He also has extensive experience as financial advisor for Chapter 7 trustees including Thelen LLP, Eastwind Maritime and HRH Construction.

Mr. Knechtel currently serves as a board member of the Association of Insolvency and Restructuring Advisors.


Certified Public Accountant

Certified Insolvency & Restructuring Advisor

Certified in Financial Forensics

Professional Affiliations

Association of Insolvency and Restructuring Advisors

American Bankruptcy Institute

New York Society of Certified Public Accountants


B.S., Accounting, State University of New York at Albany

About AIRA

AIRA is a nonprofit professional association serving the bankruptcy, restructuring and turnaround practice area. AIRA's membership consists of accountants, financial advisors, investment bankers, attorneys, workout consultants, trustees, and others in the field of business turnaround, restructuring and bankruptcy. AIRA members are among the most trusted and sought-after professionals in matters dealing with limited capital resources and deteriorating operating performance.

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