Bankruptcy, Receivership & Liquidation

Over the past many years we have had the opportunity to assist many different clients in varied capacities, including jumping into difficult situations and providing integrated services to maximize a company's liquidation value. Our tasks have included:

• Taking a leadership role with the liquidation team to maximize remaining value to the owners and minimize the hassles of the liquidation. This includes coordination between the:
  
  • Collection of Accounts Receivable
  • Overview of Technology Needs
  • Human Resource Functions
  • Accounting and Tax
  • Storage and Transition of Records
• Working with outside consultants to collect account receivables and to maintain clear communication channels between clients and the firm.
• Negotiating lease terminations for both real estate and personal property.
• Setting up “tail” insurance and risk management devices.
• Handling all records and developing a record retention and destruction policy.
• Tax planning and compliance work over a long period of time that provides the partners a periodic overview of their tax situation.
• Functioning as the Chief Executive Officer (CEO), COO, CFO, and/or Controller of public and private companies.
• Handing all company accounting functions from bookkeeping to Controller responsibilities.
• Assisting with the retirement and benefit plan terminations.
• Overseeing compliance with regards to Human Resources regulations and reporting.