BSSF serve distressed businesses in turnaround situations and bankruptcy proceedings.
Parties that benefit from these services include:
- Debtors
- Debtors-in-possession
- Trustees
- Creditors
- Creditors' committees
- Lenders and equity holders
We can help all parties with: Analysis of financial and operational problems Design and implementation of a turnaround plan or a business plan Implementation of controls over operations and financial reporting Valuation of the business Preparation of financial statements, schedules, and other forms required for filing and reporting while in bankruptcy Investigating transactions to determine if preference or fraudulent transfers exist Reconciling and evaluating creditors' proofs of claim Special tax issues and planning opportunities which arise from these proceedings |
