Diligence Support

Overview

Diligence is constantly developed over the course of a chapter 11 for documents and pleadings needed to restructure the company. Restructuring efforts such as business operations, corporate governance, financing arrangements and litigation will require diligence or factual information to complete for exchange with an opposing party or filing with the court.

Keeping all those diligence materials organized for easy present and future access will benefit case professionals, creditors and the company with quicker response times, more comprehensive data and lower maintenance costs. 

Our administrative diligence support team will provide exacting processes, knowledgeable and skilled assistance, targeted information and rapid courteous responses to deliver outstanding diligence support results for your next chapter 11 case.

Diligence Support Results

We drive diligence support results for case professionals and debtor companies based on our founder's eleven years of chapter 11 case expertise.

We believe that diligence support during a chapter 11 case is of paramount importance for proactive project planning and reactive case response to demanding restructuring issues. 

Phase Eleven offers case professionals access to its unparalleled technology for comprehensive and rapid existing diligence support for data re-use in response to pressing chapter 11 demands.

The same results driven administrative services provided at top tier law firm bankruptcy practices are now available from Phase Eleven for all case professionals and debtor companies in need of chapter 11 excellence. 

Our diligence support results will allow case professionals and the company to see the entire picture and be prepared to respond with precision to resolve issues and receive the requested relief. 

Using a 363 bidding procedures asset sale as an example of our commitment to diligence support results, we will achieve:

Preparation results

  • Provide pertinent 363 asset sale case precedent
  • Establish database encoding for 363 diligence production library
  • Provide diligence from schedules and statements for 363 purchase agreement schedules
  • Prepare custom notice lists for asset sale creditors
  • Prepare custom notices and letters for individual asset sale creditors
  • Prepare asset sale bidder library for tracking responses
  • Provide diligence reports for asset sale supplements
  • Manage and execute logistics for web access upload and diligence library
  • Prepare and coordinate publication notices for asset sale

Process results:

  • Update web management page with revised sale procedures or auction results to notify all creditors in interest
  • Associate diligence materials to creditor records and filed pleadings
  • Track and report on objections, replies and dates associated with asset sale pleadings
  • Post group associated asset sale pleadings for public access
  • Respond to creditor inquiries regarding asset sale publication notice and customized notices
  • Provide critical dates for management of asset sale compliance requirements dates
  • Track, group and associate 363 pleadings and diligence  materials, hearing transcripts and signed orders with individual creditor records

End results

  • Thorough and complete historical creditor record for future creditor settlements and contested plan confirmation hearing
  • Ensure professionals are prepared for asset sale hearings and committee responses
  • Ensure professionals are prepared for creditor asset sale objections and inquiries
  • Provide backup materials for court hearings and historical reference
  • Offer instant online accessibility to purchase agreement schedules and related response materials for comprehensive review of asset sale
  • Deliver rapid, courteous response to asset sale case assignments
  • Deliver accurate information extracted from our Relational Restructuring Database
  • Provide assurance of quality work for asset sale filings and notices
  • Provide continuous status updates during preparation and processing phases of asset sale

At Phase Eleven, it is our promise to conquer your chapter 11 diligence support challenges and deliver the most outstanding diligence support results throughout the course of a case.

Request a presentation of our comprehensive chapter 11 case solutions to conquer your chapter 11 challenges.