Bankruptcy Insolvency Alternatives

As a distressed company struggles between viability and insolvency, a strategic assessment is required to understand the best financial or strategic alternative for the company to pursue. In addition, company officers must understand their changing responsibilities if the company has entered the zone of insolvency. The assessment will provide an analysis of, and guidance on, the best strategic alternatives available to the company. Alternatives depend heavily on the specific circumstances of the company, but can lead to:

Refinancing with current or new lenders
Out-of-court restructuring
In-court restructuring at the federal (Chapter 7,11) and state level (Chapter 128-WI) 
Going concern sale (§ 363)
Liquidation via ABC or UCC article 9 or receivership

Highlighted Engagements

$200M
Revenue

manufacturer of store fixtures

$160M
Revenue

multi-plant fabricator of steel tubing

$60M
Revenue

distributor of high-end kitchen appliances

$50M
Revenue

Outdoor apparel company

Experienced Professionals

FDP News

May - 21

Fort Dearborn Advises Kanaflex Corporation, USA

Kanaflex Corporation USA (“Kanaflex” or the “Company”) is an industrial hose manufacturer with operations in Vernon Hills (IL), Compton (CA), and... Read More

Feb - 21

2020 Year in Review

Chicago, IL - Despite the rollercoaster ride that was 2020, we at FDP are proud to say that, thanks to our resilient and trusting clients, hard-working and talented staff,... Read More

Sep - 20

Fort Dearborn Advises Motor Distributor

Fort Dearborn Partners served as a financial advisor for the refinancing of a $3.5M Line of Credit and $2.2M mortgage for a $20 million Illinois-based motor distributor coming... Read More