Mercer Capital’s Travis. W. Harms, CFA, CPA/ABV and Sujan Rajbhandary, CFA recently authored an article in the October 2014 issue of ABF Journal, titled “Valuation Expertise: Necessary Chapter 11 Process Navigation.”
To quote from the article:
Managers of companies going through a Chapter 11 restructuring process need to juggle an extraordinary set of additional responsibilities — evaluating alternate strategies, implementing new and difficult business plans, and negotiating with various stakeholders — while continuing to operate the business. For this reason, it is common for a company that has filed for Chapter 11 to seek help from outside third party specialists to formulate a reorganization plan that can facilitate a successful navigation through the bankruptcy court.
