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    Insolvency Process

    Business and public-entity insolvency doesn’t just “happen.” Rather, it is most often the result of a gradual process or “trigger event” which can, and should be, proactively addressed.

    Exit Strategies

    Pivoting out of insolvency means moving toward one (or more) primary “exit routes”:

    • Restructuring
    • Sale or spin-off
    • Liquidation

    Solutions

    A successful insolvency “exit” requires the skillful use of specific tools:

    • Out-of-court negotiated agreements
    • Assignments for the benefit of creditors
    • Receiverships
    • Bankruptcy