The success of a chapter 11 case begins well before the actual filing of a bankruptcy petition. A complete understanding of a debtor’s current operations, staffing, and finances help create both a short- and long-term plan to ensure the debtor’s success in chapter 11. As part of our pre-bankruptcy planning, Rust Omni has the experience to:
Rust Omni has extensive experience as a liquidating agent/plan administrator. Rust Omni has also been engaged by liquidating agents, plan administrators, court appointed receivers, chapter 7/11 trustees and an assignee for the benefit of creditors, to assist in effectuating the required post-confirmation tasks.
As a liquidation agent/plan administrator, Rust Omni executes the requirements of plans, including management of operations, liquidating assets, prosecuting and settling litigation, reconciling claims, and disbursing assets.
As an administrative consultant managing an orderly liquidation, Rust Omni works directly for clients or for a receiver, trustee, or assignee, to assist with various on-site responsibilities, including the oversight and management of accounting and finance functions, review and approval of disbursements, cash management reporting, reduction in force, liquidation of assets, monitoring of operations, security of hard copy and electronic information, personnel issues, and claims reconciliation.
With 40 years in business, Rust Omni is uniquely qualified to provide effective consulting services in any situation.
For more information, questions or to request a proposal please don’t hesitate to call or email.