Such strategies do not always involve pure liquidations or auctions. Oftentimes, standstill arrangements providing for periodic payments and/or partial liquidations can produce a more effective recovery. In other cases, it may be beneficial for the debtor company to continue operations to permit a “going concern” sale or to finish out work-in-process ("WIP"). While either of these options may require additional financing, the recoveries gained from either the sale of the company as a “going concern”, or the fulfillment (from WIP) of open orders, more often than not, adds significant value to the recovery.
ATEC’s services continue beyond the design of a work-out strategy. ATEC has a very successful history in assisting clients in the oversight and application of many work-out strategies.
ATEC provides management services to fully implement any plan of action. With its experience and staff, ATEC can provide invaluable assistance and input in developing a strategy which will maximize recovery from any given debtor.