Mitigate Loss With Bankruptcy and Insolvency Support Services
As businesses and individuals slip toward insolvency, experienced accounting and litigation professionals can help the parties assess the situation, suggest and evaluate alternatives, and react swiftly to mitigate the losses. Crowe Horwath LLP professionals use depth and breadth of experience and expertise to assist with various analyses required to navigate the bankruptcy process, including avoidance actions, claims review, solvency, and litigation support as well as bankruptcy-specific tasks such as preparing schedules, statements of financial affairs, and monthly operating reports. In addition, Crowe can assist with structuring transactions, either to reduce the risk that our clients will be subject to attack under fraudulent conveyance and equitable subordination statutes or to maximize recoveries. We also provide assistance in negotiating balance sheet restructurings and pre-packaged plans.
The Crowe bankruptcy and insolvency team provides specialized expertise to support the needs of virtually all constituents in a bankruptcy case, from the company to its creditors and trustees. Crowe senior-level executives have served or acted as:
- Accountants and financial advisers for:
- Trustees (Chapter 11 and Chapter 7)
- Creditor committees
- Chief Restructuring Officers
- Liquidating Trustees
- Disbursing Agents
- Special Masters
- Chapter 11 trustees and examiners
- Expert witnesses for various issues including fraudulent transfers, preference actions, solvency analyses, etc.
- Financial advisers for evaluating the purchase of assets from insolvent estates
- Members of the creditor committee on behalf of a company.
We have bankruptcy and insolvency experience and deep knowledge in a wide range of industries, including financial services, construction, healthcare, apparel, entertainment, hospitality, food and commodities, import/export, and manufacturing and distribution. Crowe experience and credentials could help you with unique situations involving bankruptcy or insolvency.