Trustee Services for Distressed Business Asset Management

David Frank, Court Receiver and Trustee, employs a team of in-house asset management, accounting, marketing and leasing personnel, with 100% focus on saving, building and retaining value for creditors and stakeholders since 1992. The firm handles Distressed Business Asset Management, insolvency, restructuring, and Trustee reorganization in Bankruptcy. Our experience and focused approach, produces the highest quality of independent professional advice and services.

Distressed Assets

Having that entrepreneurial management specialty in distressed assets allows our firm to offer:

Business viability reviews
Advisory work on troubled credit situations and reorganization
Rehabilitation of the distressed business you wish to lend to or invest in, including Turnaround Management
Restructuring under either the Companies' Creditors Arrangement Act or the Bankruptcy and Insolvency Act
Liquidator, Interim Receiver, Receiver and Asset Manager or Trustee in Bankruptcy

We offer an online Document Management System (DMS) with 24-hour access to real-time accounting and other information to keep our clients up-to-date on the status and progress of the company.

distressed business assets

Reorganization for the Following Assets:

HOTEL CHAINS
MANUFACTURING
DISTRIBUTION
RETAIL
FRANCHISES
UNIQUE ASSETS

Distressed Business Assets

Our first step is to evaluate the distressed business and assets and develop a plan of action to best preserve and enhance value of the business. This plan can include operating all or part of the business entity, liquidation of all or part of the business entity, or a combination of both. The plan would also have a timeline for an exit strategy for creditors and stakeholders. This may include the sale of the enhanced entity, new financing once the entity is succeeding or the sale of the entity. Upon approval, the Corporate Turnaround / Value Team will implement the plan using our combined 110 years of business, operating and financial experience to recover the most value for the creditors and stakeholders. We have state of the art reporting to keep creditors and stakeholders up-to-date as to the progress of the business plan implemented. For more information download the distressed assets brochure.