The team at Revitalization Partners is one of the most experienced in the Northwest at working with companies in the receivership process. We see receiverships through an entrepreneurial lens and strive to uncover the best path forward for all involved. This includes understanding the root causes of a business’s operational and financial setbacks and finding a solution that maximizes the lenders’ or creditors’ returns and achieves the optimal business outcome.
Whether a receivership is entered through an Assignment for the Benefit of Creditors (ABC) or an imposed receivership by a lender or other party, we have successfully guided a number of companies through the process, obtaining maximum return for all parties, and in most cases by selling its assets as a going concern.
The courts have held that Chapter 11 is only for debtors who have a legitimate Reorganization purpose and have the ability to execute on a plan. Members of the Revitalization Partners team have served as strategic and financial advisors to both creditors and debtors in Chapter 11 bankruptcy cases. By having experienced financial advice and assistance with capital restructuring, a company can ensure that its plan is accepted by creditors and by the court. Experienced independent financial judgment on behalf of all parties provides for any necessary adjustments to the plan.