Insolvency Services

PRIMARY CONTACTS: Michael Von Lehman CTP , Joel Rosenthal CPA, CVA (Pittsburgh)

We enhance value in insolvency situations by bringing management expertise, broad experience, and superior communication.

Schneider Downs Meridian provides expert advice and guidance to our clients before, during and post-bankruptcy. Our professionals have served in the capacity of court-appointed Trustee, Liquidation Trustee, Examiner, and Chief Responsible Party in bankruptcy proceedings.  Schneider Downs Meridian also has extensive experience as a court-appointed receiver on both the Federal and state level.  We possess an intimate knowledge of the legal processes involved in these proceedings and understand the complexity of dealing with a multitude of stakeholders.

Insolvency Experience and Steps

  • Understanding the financial and legal alternatives when insolvent
  • Assistance in securing DIP financing
  • Expertly communicating with stakeholders, such as lenders, trade creditors, and employees
  • Efficiently managing cash flow
  • Recognizing and dealing with preference and avoidance
  • Preparing and implementing reorganization plans
  • Overseeing proof of claim process
  • Maximizing recovery through effective organizational restructuring and/or liquidation of assets

For a list of all of the services that Schneider Downs Meridian can provide to your business, including Performance ImprovementTurnaround/Restructuring Services and Financing and Debt Placement, please visit our Schneider Downs Meridian Services webpage.