Insolvency Services
PRIMARY CONTACTS:
Adam J. Goode CPA, Thomas D. Pratt CPA, ABV, CFF, CVA
We enhance value in insolvency situations by bringing management expertise, broad experience, and superior communication.
The Schneider Downs Business Restructuring team provides expert advice and guidance to our clients before, during and post-bankruptcy. Our professionals have served in the capacity of court-appointed Trustee, Liquidation Trustee, Examiner, and Chief Responsible Party in bankruptcy proceedings. Our team also has extensive experience as a court-appointed receiver on both the Federal and state level. We possess an intimate knowledge of the legal processes involved in these proceedings and understand the complexity of dealing with a multitude of stakeholders.
Insolvency Experience and Steps
- Understanding the financial and legal alternatives when insolvent
- Assistance in securing DIP financing
- Expertly communicating with stakeholders, such as lenders, trade creditors, and employees
- Efficiently managing cash flow
- Recognizing and dealing with preference and avoidance
- Preparing and implementing reorganization plans
- Overseeing proof of claim process
- Maximizing recovery through effective organizational restructuring and/or liquidation of assets
About Business Advisory Services
The Schneider Downs Business Advisory team empowers organizations in making informed decisions across accounting, financial, legal, and operational areas. From the ground floor to the C-suite, we provide strategic guidance to help clients succeed in today’s rapidly evolving business environment.
Learn more about our Business Advisory services or contact us for more information.
Learn how we’ve Solved Big Problems For our clients
Big Problem: Company Impacted By Ransomware.
Big Thinking: Restore System On-site And Avoid Six-figure Ransom.
Big Problem: Inefficient Tax Credit Realization.
Big Thinking: Identified A $900,000 Tax Credit, Nearly Twice As Much As Prior Years.
Choosing the Right Accounting Firm for Transportation & Logistics Companies: Essential Considerations
The transportation and logistics industry is defined by constant movement – goods must reach their destinations on time, and seamless ...
Choosing the Right Accounting Firm for Transportation & Logistics Companies: Essential Considerations
The transportation and logistics industry is defined by constant movement – goods must reach their destinations on time, and seamless ...
