Liquidation / Business Wind Down

There are times when a business cannot successfully overcome various market and resource challenges. When this occurs, it is important to pursue a course of action that protects the clients’ interests and maximizes recoveries for all parties.

Phoenix has managed numerous liquidations – both inside bankruptcy protection as well as outside of a court oversight process. In all cases, our goal is to extract the maximum value from all the business assets and to strategically resolve outstanding financial issues and obligations.

Phoenix will determine the best course of liquidation and will implement a rational process to build-out (convert) existing inventories, while aggressively collecting receivables that are owed to our clients. Throughout the liquidation process, we will minimize cash disbursements and effectively communicate with all parties so the direction and likely outcomes are known to all constituents.

Phoenix provides its liquidation and business wind down services on-site at our client’s location. Our professionals offer stability and objectivity during the process, and are accessible at all times to provide guidance and direction and to maintain communication with all necessary parties.

For examples of our Liquidation and Business Wind Down work, please click here