Bankruptcy and Reorganization
GBQ professionals have significant corporate bankruptcy and business reorganization experience providing financial advisory services to debtors and creditors in connection with numerous Ch. 11 proceedings, in addition to providing restructuring consulting services directly to troubled companies. We have experience in many industries including but not limited to, manufacturing, consumer products, retail, financial institutions, construction and logistics.
Services for Debtors
- Preparation of business plans and cash flow analyses
- Assistance with creditor negotiation strategies
- Preparation of court-required bankruptcy schedules
- Analysis of proposed operational or divestiture plans
- Assistance with development of Plan of Reorganization
Services for Creditors
- Review Debtor’s financial budget, operating results and projections
- Develop liquidation model with projected recoveries to creditors
- Perform business valuations to ascertain best way to maximize value
- Examine schedules of amounts owed, assist with proofs of claim
- Analysis of preferential transfers or fraudulent conveyances
- Review Debtor’s Disclosure Statement and Plan of Reorganization
Services as Court-Appointed Bankruptcy Trustee/Receiver
- Operate Debtor as going concern, handling day to day operations and fiduciary responsibilities
- Implement revenue enhancing and cost reduction programs
- Identify additional assets available for recovery and distribution
- Value, collect and liquidate assets to maximize returns to creditors
- Develop Plan of Reorganization and Disclosure Statement
Business Turnaround Services
- Stabilize the company through immediate actions to preserve cash and liquidity
- Develop short-term projections to understand current crisis situation
- Assess company’s strengths and weaknesses to align with go-forward business strategy
- Establish strategy toward long-term goals, sustainable profitable growth