Creditor Committee Advisors

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 Sherwood Partners… 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, Sherwood Partners performs a wide variety of functions. Such work with the debtor involves:

• Forensic investigation into the paper trails of financial books, corporate records and documented agreements to ascertain facts and priorities;
• Debriefing employees and management team on intricacies of specific transactions and operations;
• Detailing failures, reasons and circumstances that preceded bankruptcy;
• Recommending changes to succeed with restructuring, if feasible;
• Monitoring business progress as plan is implemented.

There are many benefits in hiring an experienced independent third party to provide financial advice and strategy and especially in retaining the services of Sherwood Partners, LLC. Creditor Committees need expertise, coordination, reliability and speed. Sherwood Partners 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.

Solutions | Results | Success | Since 1992

Latest News

Assignment for the Benefit of Creditors

Sherwood Partners, LLC has been the assignee for both private and public companies and our team understands that it takes much more than just signing a contract with an assignor. It takes a comprehensive strategic plan, to properly monetize the assets for the benefit of creditors.

IP Monetization of Intellectual Property

Monetizing IP is the process of deriving value from the development of the IP or technology in question. We at Sherwood refer to it as gaining a “return on innovation” and recognize there are a number of pathways to deriving such value in practice.

Expertise for Family Held Businesses

Sometimes a trust or estate may hold a closely-held business asset. As a corporate fiduciary, you’re in the business of administering trusts and estates, not assessing, operating or liquidating a business. Sherwood Partners’ deep expertise in finance, operations, valuation and accounting enables us to provide sophisticated advice that is highly relevant to this asset class.

Debt Reduction and Renegotiation

Sherwood professionals are experts in managing corporate obligations. Whether your company requires restructuring of a few troublesome obligations, needs to streamline and reduce debt or must quickly reduce its cash burn rate, we customize and implement a plan for each situation.