Services
We provide a wide range of services.
Business Consulting
We provide a broad range of business advisory services including:
Formulating business plans and projections
Conducting profitability and debt capacity analyses, and creating budgets and cash control procedures
Review of insurance policies to identify shortfalls in coverage, underwriter security comparative premium analysis, and broker selection
Representation before various Federal, state, and local taxing authorities
SEC reporting and communications
Litigation Support
We have a history of service to the legal profession in a wide spectrum of cases. Such services include:
Reporting to the US Trustee and DIP lenders
Sale of assets
Reconstruction of books and records
Investigative accounting
Testimony
Valuation and Claims analysis
Pursuit of Director and Officer claims
Preference payment analysis
Tracing cash flow to determine sources and uses of cash
Computation of damages
Business Management
Our extensive hands-on experience allows us to provide interim management personnel to:
Hire, train and supervise all levels of human resource, marketing/sales, and accounting staff
Develop and implement policies for human resources, accounting controls, general expense management, compensation, back-office support (e.g. credit, inventory, accounts receivable, accounts payable, and customer service), and disaster recovery
Design, acquire and implement management information systems
Design employee compensation packages including: commissions, fixed and deferred, retention and severance
Manage vendor/supplier and third-party service provider relationships
Negotiate purchase/lease agreements for operating assets
Reorganization
We can provide services as Chief Restructuring Officer, Strategic Financial Manager, or such other capacity as might be necessary to help our clients focus on how best to improve their performance. We move quickly to analyze clients’ business operations and provide management and stakeholders with tailored options, both in and outside of bankruptcy.
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We can provide an analysis of alternatives including: sale as a going concern, orderly wind-down or complete shutdown, and refinancing and recapitalization. We participate in negotiations with secured creditors including debt modification and additional funding. We also negotiate and settle unsecured creditors’ claims as well as solicit bids and supervise the sale of assets as an alternative to bankruptcy. We negotiate with taxing authorities and can resolve other corporate compliance issues.
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Pre-bankruptcy planning: Working with client finance and operations personnel, Atropos prepares the debtor’s schedules of assets, liabilities, executory contracts, and the statement of financial affairs. In conjunction with counsel, Atropos assists in the preparation of first-day orders including cash management, employee severance and retention, critical vendors, and retention of professionals.
Post-bankruptcy filing: We work with client personnel to ensure compliance with statutory and post-filing reporting obligations. We manage communication with third parties and prepare monthly operating reports, cash collateral budgets, and such other financial analyses as may be necessary to restructure or wind down. Our services include representing the debtor at 341 hearings, calculating quarterly fees due to the US Trustee, providing trial testimony, identifying contracts to be assumed or rejected, and interfacing with secured and unsecured creditors.
Bankruptcy plan formulation: We can serve as a committee consultant, representing the client’s interests during the formulation of the Plan. Working with the client’s counsel, we negotiate Plan terms with all stakeholders in an effort to maximize value for the estate.
Post confirmation services: We can serve as Trustee or Liquidation Agent to discharge the plan provisions. In these capacities, or in conjunction with counsel in a service role, we investigate and pursue preferences and viable causes of action, reconcile and settle claims, liquidate assets and disburse funds in accordance with plan provisions. We obtain tax clearance and withdraw from jurisdictions in which the debtor was qualified to do business, arrange for retention and or destruction of records in accordance with Federal and state requirements, and perform other general wind-down activities.
