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RESTRUCTURING & INSOLVENCY

Restructuring Insolvency

Restructuring & Insolvency

Changing conditions in our global marketplace can impact business performance rapidly and cause a financial strain. Clear, timely and practical advice is needed to steer a business in the right direction. As member of the FL Fuller Landau family, Le Groupe Fuller Landau Inc., can provide this advice, ever mindful of the emotional impact of financial uncertainty on you, your business or clients.

Our Restructuring and Insolvency group offers a range of services designed to meet the needs of specific circumstances for lenders addressing loan problems, as well as businesses in financial difficulty.

Squares-bullet-30px   Top 10 Services offered by Le Groupe Fuller Landau

Corporate Performance Evaluations

The professionals at Le Groupe Fuller Landau are often called upon to analyze a private company’s financial viability and make recommendations based on their findings. Among the methods used will be a comparison between the financial forecasts and the actual numbers.

Collateral Evaluations

Collateral evaluations are often commissioned by banks looking to know the exact value of a company’s short term assets (inventory and accounts receivable) needed to act as collateral for a loan. The team at Le Groupe are qualified evaluators with 35 combined years of experience.

Acting as Trustee in Bankruptcy Proposals

As licensed trustees in bankruptcy, we administer bankruptcies and manage assets held in trust. As trustees we can give a debtor information and advice about both the proposal and bankruptcy processes and make sure that both the debtor’s rights and the creditor’s rights are respected. We also ensure that all our reports and other public documents are posted on our website

Security Analysis

On request from financial institutions, our team will visit the premises of the company in question to evaluate the quality of the security the bank holds, be it hard or soft assets.

Coordinator under Companies Creditor Arrangement Act (CCAA)

Financially troubled corporations can avoid bankruptcy, foreclosure or seizure of assets if they meet the requirements for the CCAA. The team at Le Groupe assists in this process by helping the company prepare the formal plan to creditors, prepares reports for the courts, and provides information to the creditors regarding the claims process. We also ensure that all our reports and other public documents are posted on our website.

Viability Assessments

Le Groupe uses viability assessments to assist banks in making loan decisions. Using standard bank lending policies, our team will do a thorough review of a company’s receivables, inventory and cash flow

Renegotiate lines of credit and terms of payment

Small business owners should focus on building their businesses, while we assist with the administrative details. Our services can be performed on location or remotely, and range from outsourcing part-time bookkeepers to performing year-end closings to wealth and financial management. Our team also provides bookkeeping software training.

Field Examiners for Asset-Based Lenders

The field examiners at Le Groupe possess a wide range of collateral evaluation experience, together with audit experience in accounting and banking backgrounds. We understand the lender’s viewpoint, and provide them with an accurate and comprehensive report that addresses credit situations that lenders face – we are employed to protect the lender’s collateral risk.

Acting as a receiver for secured lenders

As licensed trustees in bankruptcy, Le Groupe will take the lead in liquidating and selling the assets on behalf of secured creditors. Our team will also prepare and post all the necessary notices and reports.

Private Mediation

Acting as a neutral body in a dispute between shareholders of a private company, Le Groupe will assist the deadlocked parties to come to a resolution. Our goal is to provide a win-win solution to all parties involved.

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Meet The Team

Patrick Sullivan
Patrick Sullivan
CIRP, LIT

President,
Le Groupe Fuller Landau Inc.

Direct Line:
514 908-4766

Send an email

Jean-François Audet
Jean-François Audet
CPA, CA, CIRP, LIT

Vice-President,
Le Groupe Fuller Landau Inc.
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Direct Line:
514 908-4790

Send an email

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For more information on our Corporate Restructuring
and Insolvency Services, please Contact us.
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