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A
foundation of the BCI principals practice for decades, BCI assists
companies in the development and implementation of workable business plans
both in and outside a Chapter 11 Reorganization.
Turnaround
Services:
An outline of the process and examples of the breakthroughs
we achieve in the process of corporate transformation include the following:
....Stabilization
and Short-term Survival.
....Operational
and Financial Assessment.
....Development
of an intermediate-term strategy which integrates the findings of the
initial assessment
and provide assistance with the actual execution of.the
strategy.
Reorganization
and Insolvency Services:
Reorganization of a company's balance sheet is often necessary
as the final item in a client's return to financial viability. BCI's professionals
are highly experienced in Chapter 11 Reorganization as well as non-judicial
reorganizations. BCI's bankruptcy professionals are available to assist
a client with the required bankruptcy reporting process including both
the initial filing and the ongoing reporting to the US Trustee. BCI's
principals also frequently give testimony on behalf of clients in such
areas as Use of Cash Collateral hearings, Plan Confirmation hearings,
adequacy of New Value issues, and a variety of financing and recapitalization
matters.
BCI also frequently assists creditors and creditors' committees as their
expert for the purpose of assessing a Debtor's business plan and its Chapter
11 Plan of Reorganization. Creditors find BCI's operating skills to be
particularly useful in assessing the merit of a Debtor's plans and of
management's ability to successfully implement those plans.
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