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William Henry Grabscheid Edit Profile

insolvency and reorganization specialist

William Henry Grabscheid, American insolvency and reorganization specialist. Certified insolvency and reorganization accountant, fraud examiner, turnaroudn professional.


Grabscheid, William Henry was born on May 18, 1931 in New York City. Son of Sidney Oswald and Jeannette (Derdiger) Grabscheid.


Bachelor in Economics, Lafayette College, 1953. Master of Science in Administrv. Management, Columbia University, 1954.


President, Modern Industries, Inc., New York City, 1954-1975;president, Humphrey's Leather Goodsdiv. Scott & Fetzer, Chicago, 1975-1978;president, E.R. Moore subsidiary Beatrice Foods, Chicago, 1978-1979;managing director, William H. Grabscheid and Associations, Highland Park, Illinois, 1979-1983;manager troubled businesses, Friedman, Eisenstein, Raemer & Schwartz, Chicago, 1983-1985;managing director midwest region, reorganization and insolvency division, Ernst & Young Company, Chicago, 1985-1990;president, The Grabscheid Group, Ltd., Chicago, since 1991. Examiner, panel trustee chapters 7, 11.

Assignee, receiver.


  • Certified insolvency and reorganization accountant, fraud examiner, turnaroudn professional.


Member American Arbitration Association, Commercial Finance Association (advisory board), American Bankruptcy Institute, Association Insolvency Accountants (vice president), National Association Bankruptcy Trustees, Association for Corporation Growth, Turn Around Management Association, National Association Accountants, Commercial Law League (executive committee bankruptcy and insolvency section), Willy's Club.


Married Barbara Lee Blam, December 21, 1952 (divorced November 1964). Children: Paul, Steven, Michael, Karen. Married Carol Sue Birenholtz, November 17, 1964.

Children: Peter, James, Elizabeth, William Junior.

Sidney Oswald Grabscheid

Jeannette (Derdiger) Grabscheid

Barbara Lee Blam

Carol Sue Birenholtz

Paul Grabscheid

Steven Grabscheid

Michael Grabscheid

Karen Grabscheid

Peter Grabscheid

James Grabscheid

Elizabeth Grabscheid

William Junior Grabscheid