We help financially
distressed entities create strategies to
equitably resolve creditor liabilities.
After working with hundreds of companies.
Kenneth J. Dalto and Associates have
developed methodologies, which enable us
to negotiate with secured, unsecured, super
priority, and contingent creditor groups
both in formal and informal settings. Our
firm establishes a communication program,
which utilizes both written updates and
ongoing telephone discussions to provide
reliable information to all creditors.
A creditor management program begins
with a thorough review of all creditors,
legal priority, importance ranking, COD
status, terms, and relationship history.
Key vendors require particular attention
to ensure the company receives incoming
materials and supplies with which to continue
operations. Some suppliers are prone to
initiate legal actions, which must be addressed
promptly. Our process has as its objectives
the continuation of business, an uninterrupted
flow of incoming required materials and
supplies, and a cooperative environment
with creditors to create maximum value
for all stakeholders.
Deliverables:
- Out-of-court creditor plans
- Bank workouts
- Negotiations with taxing authorities
- Negotiations with unsecured creditors
- Creditor review
- Priority analysis
- Written communication program
- Diversion of all incoming creditor
calls to our specialists
- Outstanding check analysis
- Phased cash disbursement program
- Long-term settlements and monitoring
- Group meetings with Creditors’
Committees
- Union negotiations and presentations
- Analysis of vendor special assets
/ tooling
- Segregation of assets
- Resolution of ownership / lien conflicts
- Financial proposal program
- Monthly status update report to creditors