Bankruptcy & Distressed Assets

CRA’s experts have extensive experience assisting counsel with and testifying in court related to fraudulent transfer and other avoidance actions brought pursuant to both federal and state laws, and are well versed in analyzing a debtor’s solvency using all three tests – balance sheet, ability-to-pay debts, and adequacy of capital. CRA also leverages its valuation expertise to aid courts in assessing the fairness of transaction consideration and determining whether a transaction provided reasonably equivalent value to the debtor. Our in-depth analysis and attention to detail can also aid our clients in evaluating case strategy.

Unsecured creditors, secured creditors, debtors, trustees, turnaround firms, and top law firms seek CRA’s expertise in a wide range of bankruptcy issues related to intellectual property. We help clients assess the value of IP assets associated with a Plan of Reorganization, prepare cash flow models and forecasts for IP assets, provide expert testimony in bankruptcy proceedings, identify and market IP assets to potential buyers, and run auctions for IP asset liquidations. Our large and experienced staff of dedicated IP consultants allows us to tackle the most complex bankruptcy projects in a timely fashion.

CRA provides economic and financial analysis in complex disputes and investigations globally. These skills are often used in connection with other issues arising out of bankruptcy, including, for example:

• Aiding debtors in identifying potentially valuable estate assets and performing asset tracing analyses;
• Providing expert testimony on valuation and damages issues in bankruptcy-related adversary proceedings, where debtors or trustees are asserting claims such as breaches of fiduciary duty, professional negligence, breach of contract or other claims;
• Assisting debtors and/or creditors with the evaluation and estimation of claims; and
• Advising on issues such as ability-to-pay.

Our consultants and distinguished academic affiliates provide deep expertise in the areas of economics, finance, and accounting to aid in the assessment of damages and valuation of relevant businesses and assets. Our hands-on approach provides clients with valuable information and unique insights.