Trustee, CRO and Receiverships

A consensual restructuring requires rapid deployment of expert resources to interface with all stakeholders: management, equity holders, debt holders, employees, customers, and communities. Odyssey understands the interests and motivations of all constituents and brings financial and operating personnel towards the process of communicating and building consensus under extreme duress. Furthermore, Odyssey creates viable solutions for all parties to consider and to bring issues to resolution.

Odyssey's Deep Restructuring Experience

Each member of our senior staff has over twenty years of financial, operational and management expertise, and is well versed in complex capital structures. We understand the differences between operating and financing levers and keep all parties focused on resolving the real issues so the process can move forward. As a result, our seasoned managers fill critical roles within your organization while the reorganization process is underway. Experienced at stepping in at a moment's notice, our professionals establish a sense of calm, build morale, and provide a positive focus for employees to rally around. In addition, our professional team has served in a wide variety of management roles.

As financial advisors to management, Odyssey can:

As operational advisors to management, Odyssey can:

Bankruptcy

Odyssey professionals serve as court-appointed trustees, accountants to the trustee, and examiners in bankruptcy cases. Our advisors have a successful restructuring track record that brings the competency and credibility necessary to effectuate the turnaround of large and middle market companies. Our relationships and proven results are often the catalyst to obtaining the necessary support of key interested third parties.

As trustee, Odyssey manages all post-petition financial matters. This includes marshaling the debtor's assets; investigating the activities of the debtor; developing reorganization or liquidation plans; investing available cash; minimizing liabilities; selling assets and winding down affairs; and pursuing legal actions to maximize creditor recoveries. Odyssey Capital also retains professionals; reviews, resolves and pays claims for post-petition expenses; maintains books and records; and prepares tax returns and required reports.

As court-appointed examiner, Odyssey Capital also reports to the court on a variety of issues, including business viability, related party transactions, fraudulent transfers, management capability, and the need for an appointment of a trustee.

Whatever the role, Odyssey brings proven leadership and direction to difficult situations. We consistently focus on getting a company back on its feet and preserve the interest of shareholders.