When troubled companies enter a formal Chapter 11 Bankruptcy filing, surprises abound and disputes arise. A Creditor Committee is formed to represent their collective rights in bankruptcy. Then, the investigation process must commence. Financial strategies must be explored. Enter Farlega… We are able to advise the Creditors Committee throughout the bankruptcy proceedings. The facts are confirmed and information is collected, analyzed and assimilated.
As advisor to Creditor Committees, Farlega performs a wide variety of functions. Such work with the debtor involves:
There are many benefits in hiring an experienced independent third party to provide financial advice and strategy and especially in retaining the services of Farlega. Creditor Committees need expertise, coordination, reliability and speed. Farlega offers all of these qualities. We take the time and effort to fully understand the situation. We provide realistic assessments and practical advice. The Creditor Committee is then in a position to effectively evaluate the company and act decisively.