Business Review
This type of an engagement involves a comprehensive review of a company’s current financial position and future business prospects, including an analysis of the status and priorities of secured and unsecured creditors. This type of review (also referred to as a ‘Look-See’ or ‘Viability Assessment’) is conducted as an initial first step to developing a restructuring or recovery plan and is helpful to both the company and its secured lender(s) in arriving at a mutual arrangement for moving forward.