Bankruptcy Support Services
In some instances, the best way to maximize asset value is to initiate a bankruptcy or other insolvency proceeding. In addition to our restructuring and turnaround services, FTI Consulting provides critical services specific to a court-supervised insolvency process. The bankruptcy and insolvency services team at FTI Consulting collaborates with the client’s management team, board of directors, and legal and financial advisors to develop and implement a comprehensive reorganization plan. With a focus on minimizing disruption and rebuilding the business after an exit from bankruptcy or insolvency, FTI Consulting helps clients accelerate a return to business as usual. The firm also works with creditors and other stakeholders to maximize recoveries from companies that have filed for bankruptcy or insolvency.
Our Service Offerings
Bankruptcy Preparation & Reporting
Our experts are adept in all phases of insolvency proceedings, including coordination with attorneys, analysis in support of petitions and affiliated motions, and preparation of court-mandated reports.
Technical Analytics & Claims Management
Our consultants use a secure, Web-enabled claims management system to enhance the management and resolution of scheduled liabilities and claims.
Trustee, Examiner & Receiver Services
On behalf of creditors of bankrupt or insolvent companies, FTI Consulting provides independent leadership to preserve the value of assets and maximize recoveries. We also develop strategies for monetizing the debtor’s assets.
Bankruptcy/Insolvency Litigation & Expert Witness Services
We represent underperforming companies that are debtors-in-possession, creditors’ committees and lenders. Many of our testifying experts have national reputations in federal and state courts.
FTI Consulting provides expert witness testimony on a wide variety of issues related to underperforming companies. Specific areas include:
- Valuation of assets and rights
- Debt, debtor and exit financing
- Bankruptcy recovery action and preference recoveries
- Fraud investigations
- Solvency analysis and feasibility of a planned reorganization
- Appropriate interest rate a secured creditor should be paid