At least eight out of every ten businesses face financial difficulty at some point in their life cycle. Sometimes due to economic conditions and sometimes due to faulty business strategy or other factors are to blame. Regardless of the blame, matters of pending insolvency or bankruptcy are a difficult reality for any business.
When it is determined that the best solution is bankruptcy, many business leaders make the mistake of giving up and therefore make irrational decisions. Even in bankruptcy, business owners, board members and investors still have an important role to play. Further, creditors generally require operational procedures to be maintained as much as possible in order increase recovery opportunities and minimize risk.
RSPG’s professional team is a valued resource for distressed companies, secured and unsecured creditors, trustees and other business stakeholders. Our team of professionals provide support and analysis services to assist attorneys, debtors and creditors during and after the reorganization, preference recovery, litigation, liquidation and investigation and can also provide expert witness testimony.
RSPG services include:
- Determination of going concern and reorganization value
- Determination of a market rate
- Analysis of equity
- Determination of reasonably equivalent value
- Solvency analysis
RSPG is a valuable and timely advisory resource for Clients, their officers, directors, legal and financial professionals when the corporate entity approaches or enters distressed situations.