This type of an engagement involves a comprehensive review of a company’s current financial position and future business prospects, including an analysis of the status and priorities of secured and unsecured creditors. This type of review (also referred to as a ‘Look-See’ or ‘Viability Assessment’) is conducted as an initial first step to developing a restructuring or recovery plan and is helpful to both the company and its secured lender(s) in arriving at a mutual arrangement for moving forward.
For more information contact an MNP office near you or meet with an MNP team member to see if a business review is the right solution for your business
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