Insolvency and bankruptcy

Bankruptcy

Prepare bankruptcy schedules and statement of financial affairs.
Gather data requested by the US Trustee and unsecured creditors’ committee. Manage the US Trustee relationship.
Experienced in Delaware and Southern New York bankruptcy courts.
Assist in plan formulation. Bring the perspective of a plan administrator.
Specialty is post 363 sale situations. Provide fresh, cost effective leadership that drives to a liquidating plan. Replace prepetition directors and officers when desired.
Plan administrator and/or claims administrator.

Provide onsite leadership as CRO or CFO to stabilize and sell or refinance with limited to no cash availability
Rolling 13 week cash flow with forecasted working capital and borrowing base.
Manage trade creditors.
Facilitate and accelerate information flow to speed sale process for the seller.

Advise on the best liquidation method including bankruptcy, state court options and out of court approaches.
Minimize owner and officer liability.
Minimize wind down costs.
Maximize recovery from tangible and intangible assets.

Avoid wasted legal and due diligence costs for first time distressed buyers.
Advise on plan formulation for buyers. Utilize debtor professionals to minimize investor costs.
Manage trade creditors.
Explore alternatives to bankruptcy purchase.

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