Wisehart & Wisehart
specializes in managing troubled private and public companies
to help them maximize their available resources, restructure
for profitability, or effect an orderly liquidation in bankruptcy
or out-of-court workouts. In our tenure, Wisehart & Wisehart
has managed over $500,000,000 in assets.
Wisehart & Wisehart analyzes and negotiates claims and liquidates
assets. Our unique approach to outsourcing the financial management
has lowered expenses by hundreds of thousands of dollars
per year and saved millions of dollars for our clients.
Wisehart & Wisehart’s professionals have significant experience
with bondholders, creditor’s committees, unions, retirement
plans, health insurance, secured and unsecured claims. In addition,
the firm works with local taxing agencies to reduce personal property,
real property and income tax. We are available to serve as trustees
and receivers in bankruptcy.
Wisehart & Wisehart understands the complex interests of stakeholders
in bankruptcy filing. The firm’s expertise in management, finance
and accounting allows it to provide the insight a stakeholder needs
in order to weigh the risks and benefits of proceeding with the bankruptcy.
Among the wide range of services the firm provides are:
- Receiver/Trustee
roles
- Preparing liquidation recovery analysis
- Valuation of business
enterprises in work-out or Bankruptcy
- Determination of liquidation
value
- Managing vendor relationships
- Developing a comprehensive
wind-down Budget
- Analyzing inventory to maximize value
- Providing litigation
support
- Lease Re-negotiation/termination
