Corporate Valuation & Advisory Services
Appraisals by asset class
Business Need
Services
Coping with Bankruptcy or Reorganization
Coping with Bankruptcy or Reorganization Develop a plan, reorganize the business and emerge stronger
Financial crises must be met head on with urgency and expertise. AccuVal offers the SingleSourceSolution® to guide you through the toughest decisions by providing the solutions needed to plan, reorganize and emerge from bankruptcy – fast.
AccuVal Assists During All Phases
Plan
- In preparation for bankruptcy, accurately value assets pledged as collateral to secured lenders
- Identify other sources of working capital by evaluating the business, intangibles and intellectual property, machinery, inventory, real estate and accounts receivable
- Identify a lender interested in recapitalizing the company
- Identify opportunities for profit improvement
- Strategize ways to endure through the economic/market decline
- Develop a plan for reorganization
- Orchestrate the proper strategy related to the assets of the business for an impending bankruptcy filing
Reorganize
- Identify a lender to provide Debtor-In-Possession financing
- Obtain Debtor-In-Possession financing with an evaluation of the business, intangibles and intellectual property, machinery, inventory, real estate and accounts receivable
- Team with experienced counsel and compelling expert witnesses in matters regarding asset values and the plan of reorganization
Emerge
- Upon emergence from bankruptcy, establish the company's books and records in compliance with Fresh-Start Accounting guidelines by accurately determining the fair value of all going concern assets
- Satisfy annual requirements to test Goodwill (FAS 142) and Long-Lived Asset Impairment (FAS 144)
- Generate tax savings from real and personal property appeals
- Right-size insurance coverage and develop a disaster plan for business interruption
- Generate cash by selling surplus or non-strategic assets
- Indentify and execute on opportunities for profit and productivity improvement
