Caliber Advisors - Crisis Management Solutions

Managed Liquidations

In some cases, an organized Liquidation is a more cost effective and timely tool in winding down a business. This is an appropriate tactic when operations are relatively straight-forward, the balance sheet is not complicated on either the asset or liability side, and the business owner seeks this process as a solution. If these circumstances collide, a Managed Liquidation may be more attractive from a time and cost basis than a typical bankruptcy filing. Caliber Advisors can methodically focus on the main asset values in the company, and put in place an orderly process to close operations and liquefy the assets at the maximum value.

		Asset sales can occur quickly and efficiently, which typically yield the best possible prices and the lowest related expenses — maximize hidden values of customer lists and relationships.

		Slimmed down operations can be continued for a short time in order to maximize the remaining value in company, protect hidden value in employee tribal knowledge and complete contracts or implied agreements to mitigate collection offsets.

		Trade creditors and those with contractual obligations can be managed in an objective and strategic manner by an objective third party skilled in negotiations.

		Manage insurance and other key services to make certian that resources are kept in place for an appropriate time.

		Owners, creditors and management receive the assurance of a step-by-step independently executed plan to orderly wrap up the financial and corporate affairs.

Tactics and issues typical to a Managed Liquidation would be:

		Assess overall situation, identifying key and possible wasting assets, employees, and legal issues.

		Immediately establish plan to stabilize company by protecting key assets, employee knowledge and financial condition via communication with employees and key customers/creditors.

		Sell/collect assets and settle defined financial obligations.

		Finalize all remaining business affairs relating to company.

		Work with the business owner to insure their issues are managed.

		Work with the business owner to insure that guaranty issues are resolved.