If problems can be isolated and prompt action taken, the business may be reorganized successfully as a “stand-alone” entity. Chapter 9 of the Bankruptcy Code likewise affords public entities the prospect of “rehabilitation.”
Successful reorganization depends on identifying
potentially profitable operations;
available financing;
organizational resources; and
the cost of achieving a “turn-around.”
South Bay Law Firm’s unique combination of legal experience and very light administrative overhead offers clients informed, focused, and cost-effective analysis – and action.
sales spin-off
If problems can be isolated and prompt action taken, the business may be reorganized successfully as a “stand-alone” entity. Chapter 9 of the Bankruptcy Code likewise affords public entities the prospect of “rehabilitation.”
Successful reorganization depends on identifying
potentially profitable operations;
available financing;
organizational resources; and
the cost of achieving a “turn-around.”
South Bay Law Firm’s unique combination of legal experience and very light administrative overhead offers clients informed, focused, and cost-effective analysis – and action.
liquidation
Often, the value of an insolvent business is maximized by simply reducing its assets to cash as quickly and efficiently as possible.
In these cases, the troubled business will seek liquidation through a going-out-of-business sale, public auction, private bulk sale to a liquidator, negotiated sale to a third party that will carry on part of the debtor’s business, or transfers of assets to creditors in satisfaction of all or part of their claims.
When a liquidation must be pursued, South Bay Law Firm is able to act quickly and cost-effectively to negotiate and document the best liquidation structure possible.
