
GlassRatner is a leader in advising and assisting the various parties during formal bankruptcy procedures. Our firm has experience advising debtor companies, their shareholders, equity committees, lenders, creditors and other stakeholders in Chapter 11 proceedings or in preparing for filing for protection under the Bankruptcy Code.
Specific services provided in the bankruptcy arena include pre-petition business assessment and recovery planning, developing budgets and cash flow forecasts, arranging and negotiating DIP financing, developing operating metric reports, providing bankruptcy administration services for debtors, developing and reviewing reorganization plans, monitoring financial performance, advising with regard to ongoing business issues working towards successful reorganization, liquidating non-core business assets, and evaluating proposed transactions.
In addition, and due to our strength in forensic and litigation support we have provided extensive investigative and forensic accounting services, including preference analysis, solvency opinions, and other litigation support or expert witness services in bankruptcy matters. Our professionals are used to standing up to the scrutiny of the court.
GlassRatner’s approach in these situations is based on sophisticated financial analysis, practical experience and clarity of the ultimate goal. The firm has an extensive track record in both Debtor and Creditor Advisory assignments.