
INSOLVENCY SUPPORT
We enhance value in insolvency situations by bringing management expertise and wide-ranging experience. In addition, our superior communication allows for more creative, timely and effective solutions that are supported by all stakeholders.
Meridian 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 federal and state levels. We possess an intimate knowledge of how the legal processes involved in these proceedings impact the a business and understand the complexity of dealing with a multitude of stakeholders.
Insolvency Experience
Bankruptcy, Receiverships (state and Federal), Chief Restructuring Officer, Examiner and Trustee
Understanding the financial and legal alternatives when insolvent
Assisting in securing Debtor-in-Possession financing
Communicating with stakeholders, such as lenders, trade creditors, and employees
Efficiently managing cash flow
Recognizing and dealing with preference and avoidance issues
Preparing and implementing reorganization plans
Overseeing the proof of claim process
Maximizing recovery through effective organizational restructuring and/or liquidation or sale of assets