BUSINESS BANKRUPTCY

Business Bankruptcy and Corporate Bankruptcy Client Scenario

Scenario: My company is seeking Chapter 11 Bankruptcy protection, and we'd like to sell some of our assets to raise capital.

With Bankruptcy Court approval, we can act as an operating or liquidating Receiver, depending on your circumstances. These are official, Court-appointed roles, and are secured by the nomination of an interested party (such as a secured creditor). The Court sets the appropriate guidelines for each individual case, which enhances the Receiver's effectiveness and lays the foundation for successful results. In such a scenario, we can evaluate a client's inventory, determine which equipment is of greater value to the client's core business, and effectively liquidate the rest. Once this determination has been made, we will dispose of the equipment, maximizing the return on your initial investment and minimizing your workload.

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