Clear, detailed, and reasonable financial plans provide compelling underpinning for Plans of Reorganization and post-Chapter 11 operations

Pathfinder Metrics has experience in working with companies undergoing reorganization under the provisions of Chapter 11 of the Bankruptcy Code. Working with company management and counsel, we develop financial plans to illustrate Plans of Reorganization (PoR). These plans show how the company proposes to compensate each class of creditor for debts owed prior to the filing.

After the PoR is approved by company stakeholders, creditors, and the Bankruptcy Court, the associated financial plan serves as the basis of the ongoing business plan. It illustrates the anticipated viability of planned operations when the company emerges from Chapter 11 as a reorganized company.

The PoR financial plan serves as a planning tool, communication device, and progress reporting tool as the company designs and implements various initiatives such as reducing fixed and variable costs, rationalizing SG&A expenses, increasing oversight and monitoring of finance functions, renegotiating contracts, and divesting non-core assets.

Where appropriate, such financial plans may be developed prior to filing, to facilitate negotiations with Debtor-In-Possession ("DIP") financing sources.

 


California

Randall Wheeler, CMA
Moorpark, CA 93021
Tel: (805) 523-2690
Fax:
(805) 523-2662

rwheeler@pathfindermetrics.com


Pacific Northwest

Gary Richards
Salem, OR 97304
(503) 391-4600
grichards@pathfindermetrics.com