Post Confirmation, Liquidating Trustee, Plan Administrator and Creditors’ Committee Proxy Services

in Chapter 11 bankruptcy cases

Chapter 11 Trustee and Plan Administration Services

Advisory Trust Group, LLC, provides comprehensive post-confirmation trustee and plan administration services in Chapter 11 bankruptcy cases. Our objective is to ensure that the trust functions properly and achieves its goals and that the interests of creditors are fairly addressed.

Advisory Trust Group, LLC

Chapter 11 Post-Confirmation Trustee Services

The common practice in major Chapter 11 cases is the establishment of a post-confirmation trust for the benefit of creditors pursuant to a plan of reorganization or liquidation.

  • A post-confirmation trust is funded with assets of the debtor.
  • The most valuable assets are frequently litigation claims, and often they are the only assets available to pay creditor claims.
  • The most common form of litigation are actions to recover preferential payments made to creditors in the 90 day period immeditely preceding a Chapter 11 filing.
  • Determining which claims should be allowed and which should be objected to plays a vital role in maximizing recoveries for creditors.
  • Thus, the measure of the trust’s success is most often measured by its ability to maximize recoveries through cost effective litigation, negotiation and/or mediation.

A qualified trustee administers every post-confirmation trust. The trustee acts as a fiduciary for the trust’s designated beneficiaries - the creditors of the Chapter 11 debtor. The trustee’s objective is to maximize the net recovery for creditors, and quickly and efficiently distribute available funds to the holders of allowed claims.
While outcomes are never certain, a skilled trustee is a critical factor in determining how well creditor claims are treated.

As a post-confirmation trustee, ATG, provides the necessary skill and judgment that can be the difference between a mediocre and a substantial creditor recovery.

Chapter 11 Plan Administration Services

An alternative to the creation of a post-confirmation trust is the appointment of an administrator to carry out the requirements of a debtor’s confirmed Chapter 11 plan. A plan administrator functions in much the same manner as a post-confirmation trustee performing, in most instances, substantially similar duties. The principal distinction is that the debtor’s assets, rather than being assigned to a trust, remain with the debtor. ATG employs the same skills and judgment as a Chapter 11 plan administrator as it does when serving a post-confirmation trustee.

skill and judgment

While outcomes are never certain, a skilled trustee or plan administrator is a critical factor in determining how well creditor claims are treated.

Through the combined expertise and experience of its principals, Brad Boe and Bob Michaelson, ATG provides the skill and judgment essential to the success of a post-confirmation trust or Chapter 11 plan. This is the difference between a mediocre and a substantial creditor recovery.

Advisory Trust Group, LLC