Prearranged Chapter 11 Results

Prearranged Post Petition Chapter 11 Case Results

These chapter 11 cases are similar to prepackaged cases but they are unable to execute pre-petition solicitation because institutional or substantial company creditors cannot gain full support of all creditors in interest on proposed treatments for a plan of reorganization.

A prearranged chapter 11, proceeds as an accelerated traditional chapter 11 which prepares for solicitation prior to commencement of the bankruptcy case. It must meet standard bankruptcy code requirements with regard to schedules and statements, claims, solicitation and disbursement, albeit on a shortened timeframe.

  

Results for a prearranged chapter 11 in the post petition phase of the case mean simultaneous implementation of our case preparation and processing teams working together to: 

  • Execute solicitation of a proposed plan of reorganization.
  • Process a variety of business operation pleadings to increase cash reserves, dispose of burdensome assets and contracts and restructure operations.
  • Track and process action items, completion deadlines, and compliance requirements for every court communication, document or pleading exchanged or filed.
  • Distribute and process customized claim forms and associate with scheduled liabilities and reports for case professional and company review allowance and objection.
  • Interrelate data to legal notices, critical dates, proof of claim packages, filed pleadings, transactional materials, solicitation materials, schedule and statements preparation and disbursement settlements to become part of future individual creditor settlements.
  • Compile diligence materials related to business operations, corporate governance, financing arrangements and litigation for debtors counsel to exchange with an opposing party or filing with the court.
  • Prepare and distribute notice documents to creditors using email, fax, messenger, overnight courier and U.S. Mail.
  • Distribute, process, receive, record, report and tabulate the plan voting process.
  • Assist with plan confirmation. 

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. 

Founder's Casework Results Example-J.L. French Automotive Castings, Inc.

In re J.L. French Automotive Castings, Inc., Case No. 06-10119, United States Bankruptcy Court for the District of Delaware, Filed February 10, 2006, Confirmed June 21, 2006.

Founder's casework responsibilities which align with Phase Eleven post petition prearranged case work include, but are not limited to: coordinating filing and service of process for filed pleadings; responding to creditor telephone and email inquiries; reviewing, analyzing, revising and coordinating filing of schedules and statements of financial affairs; claims objection reporting, filing, service of process and response tracking; creditor claims settlement; solicitation class mailing, response tracking and reporting, and disbursement class resolution issues.

At Phase Eleven, it is our promise to conquer your chapter 11 case challenges and deliver the most outstanding results throughout the post petition phase of any prearranged chapter 11 case.

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