Fiduciary Services
Both debtors and creditors choose Force 10 to provide fiduciary services. We take control in difficult, often adversarial situations, quickly chart a clear, viable approach, and bring important transparency to the process.
Known for our strong ethics, competence, and credibility, we untangle knots created by creditor/borrower battles, shareholder disputes, other types of litigation, and fraud, leveraging our expertise in operational, financial, and legal strategies. These engagements often require investigations to resolve financial disputes and address other issues.
We bring…
A thorough understanding of what the law requires of a fiduciary.
Knowledge of how best to protect and maximize the value of assets while the company, its adversaries, or creditors pursue their opposing objectives.
An understanding of the requirements of both physical and digital custody that is needed to guarantee integrity and preserve value.
Industries
A proven ability to identify productive solutions in challenging situations and offer value-creating strategic advice to firms across a wide range of industries.
Roles We Play
Our wide-ranging experience translates into success in the following fiduciary roles.
Assignment for the Benefit of Creditors
When we serve as the Assignee in an Assignments for the Benefit of Creditors (ABCs), Force 10 takes on the problems and risks for an insolvent business. We sell the assets and wind down the company’s affairs, protecting creditors’ interests while keeping them informed.
Bankruptcy Trustee Services
Bankruptcy trustees (Chapter 11 and Chapter 7) call on Force 10 for advice and execution. We help to maximize value for creditors by monetizing assets or restructuring operating business, and/or pursuing avoidable transfers.
Liquidating Trustee / Plan Agent
Force 10 serves as a trustworthy third party in a liquidation or reorganization that monitors how a plan of reorganization is executed and holds all participants accountable.
Receiver
Leveraging our operational and financial expertise, we act as state court receivers to reduce disputes among stakeholders and maximize recovery.
Custodian
We act as asset custodian (physical and digital) to guarantee integrity for stakeholders and litigants.
