Developing a course of action to stabilize and overcome business challenges.
Throughout our 30-plus year history, Phoenix has managed numerous wind downs and liquidations—both out-of-court and within a Court oversight process. Our goal is to maximize the net value, after costs, from the business assets and resolve outstanding financial obligations and litigation exposure.
For businesses in the midst of a wind down, Phoenix will determine the best course of liquidation and, if appropriate, implement a rational process to convert existing inventories while aggressively collecting receivables. Throughout the liquidation process, we will effectively communicate with all constituents to ensure they are informed about the direction and likely outcomes.
We provide our liquidation and business wind down services on-site at our client’s location. Our professionals offer stability and objectivity during this challenging process and are accessible at all times to provide guidance and maintain communication with all necessary parties.
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Our skilled recovery services focus on the following areas:
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