Wind Down
Few business decisions are as difficult to reach and as challenging to implement as seeking Federal Bankruptcy Code protection, or to wind down a business and liquidate a company's assets. In regard to bankruptcy, Qorval can call upon experience for vital preparation during the pre-bankruptcy filing period including the management of key vendor relationships, and consultation regarding risks associated with fraudulent conveniences. Additional services include developing a reorganization plan and selecting the professionals to implement it, negotiating with the credit committee's representatives, and support in preparation of the required Statements of Financial Affairs as of the date of filing as well as Monthly Operating Reports. If the best option is a wind down and liquidation, Qorval's services include in-depth recovery analysis and claims resolution services, and consultation and support in fulfilling employee benefit plan obligations. A constant goal throughout the process is to maximize cash generated via a wind down to creditors and other constituencies. Whether the decision is bankruptcy or liquidation, Qorval can provide expert witness and litigation support services to assist the process.