Receiverships/Insolvencies

Receiverships

If appointed, we essentially act as a neutral third-party custodian, overseeing the company’s business operations…paying creditors, collecting debts, liquidating property and/or assets.  We have a fiduciary responsibility to all stakeholders and the court, and as such provide timely accounting and reporting during the receivership.  We are committed to total quality service.

Insolvencies

If your business is facing financial distress and you find that you are having a tough time meeting financial obligations, we can help.  Don’t wait until you reach a point where a bankruptcy is one of the few options left available to you.

The recent COVID-related shutdowns for example, hit many businesses nationwide, very hard, catching numerous established, well-managed entities completely off-guard.  In a short period of time, mounting expenses quickly exceeded dried-up income sources, cost of goods increased, client bases diminished, and lawsuit expenses increased, overwhelming even the most-experienced in business management.   Trying to bring a business out of insolvency can be a challenge, especially when unforeseen circumstances leave you with a full plate of issues to handle.  Reach out and see if we can help.