Recovery Services

Developing a course of action to stabilize and overcome business challenges.

When a business cannot successfully overcome market, competitive, or financial challenges, it is important to pursue a course of action that protects client interests, honors the fiduciary duties to all creditors, and maximizes recoveries for all parties.

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.

Our skilled recovery services focus on the following areas:

  • Identifying a course of action that is in the best interest of the client
  • Maximizing net value
  • Resolving all outstanding obligations and exposure
  • Converting inventories and collecting receivables
  • Selling discrete manufacturing lines
  • Communicating clearly with all constituents

Related Services

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