Collaborate,” not “Dictate”: The Importance of Collaboration in Structuring a Successful Claims-Resolution Process

Bankruptcy cases require a thorough and collaborative claims-resolution process to efficiently resolve the widely-varying claims filed again a debtor. To maximize effectiveness, the process should utilize the knowledge of the company, financial advisors and bankruptcy counsel.

This article explores the components that are essential to creating a successful claims-resolution process leading up to bankruptcy filings.