Insolvency Advisory

Harney Management Partners has an uncommon depth of experience with respect to insolvency proceedings. While many other firms may have a general working knowledge of bankruptcy and receivership proceedings, HMP’s principals have been in involved in hundreds of bankruptcy and receivership proceedings. During this time, our team has been selected to serve as:

  • Financial Advisor to the Debtor
  • Investment Banker to the Debtor
  • Chapter 11 Operating Trustee
  • Chapter 11 Post-Confirmation Trustee
  • State Court Receiver
  • Court-Appointed Manager
  • Advisor to Trustees, Receivers and Examiners
  • Chairman, Creditor Committee of International Insolvency Proceeding
Debtor Services:
  • DIP Advisory
  • Liquidation of non-essential assets
  • Pre-bankruptcy planning to build cash reserves to survive additional administrative costs of Chapter 11
  • Assist in negotiation and development of pre-packaged Chapter 11 Plan of Reorganization
  • Assist in negotiation and development of an out-of-court workout
  • Fully examine and document all realistic scenarios prior to filing a voluntary petition
  • Improve negotiating relationship with lenders and other creditors
  • Arrange DIP financing
  • Consult on key employee retention issues
 
Creditor Services:
  • Representation of Lender’s interests
  • Evaluation of Debtor’s business plan and/or Plan of Reorganization on behalf of creditor constituency
  • Preparation of independent financial projections
  • Preparation of independent liquidation analyses
  • Representation of Creditor’s Committee’s interests (secured or unsecured)
  • Collateral review
    • Inventory review and testing
    • Accounts receivable review and testing
    • Accounts payable review and testing
    • Real property evaluation
    • Analysis of intangible assets