When insolvent companies enter a formal Chapter 11 bankruptcy filing, surprises abound, and disputes develop. A Creditor Committee is formed to represent their collective rights, and the investigation process begins, while financial strategies are developed.
We advise the Creditors Committee throughout the bankruptcy proceedings as their financial advisor and/or sales agent, confirming facts, and collecting, analyzing, assimilating information, and monetizing the assets.
There are many benefits to retaining an experienced independent third party to provide financial advice and develop a strategy. Retaining the services of Sherwood Partners gives the Creditor Committee a unique advantage. We offer expertise, reliability, speed, and excellent coordination and communication with the committee, realistic assessments, practical advice, and most importantly, guidance in monetizing intangible assets that can deliver the best financial returns to the committee.
Furthermore, if IP is involved, we have the expertise and deep relationships with the IP buying community to work towards the best outcome. We have the experience and relationships to undertake sales and licensing opportunities, lending against, or purchasing patents, trademarks, copyrights, trade secrets, and know-how.
As an advisor to the Creditor Committees, Sherwood Partners performs a wide variety of functions while working with the debtor for: