Fiduciary Services

Fenix is available to serve as a receiver, chief restructuring officer, assignee, or trustee for distressed businesses.  Whether appointed consensually or through court proceedings, Fenix is dedicated to delivering top-quality, value-added fiduciary services that maximize stakeholder returns. 

Receiverships –  When a receiver is needed, Fenix can immediately undertake those duties, assess the situation, and take the steps needed to preserve assets and protect value for all beneficiaries.  With experience across a wide array of industries and assets classes, receiverships using Fenix can produce higher recoveries and lower expenses for creditors.

Chief Restructuring Officer – With Fenix, businesses can get ahead of their problems.  When trouble is on the horizon, engaging Fenix as a company’s CRO can be the difference between quickly getting a troubled company back on track and an unexpected shutdown.

Assignee for the Benefit of Creditors –  With ever increasing costs, delays and uncertainty, Assignments for the Benefits of Creditors (ABC’s) and similar state court alternatives to bankruptcy are becoming more popular.  Fenix can serve as a skilled assignee in complicated cases.

Chapter 11 Trustee or Liquidating Agent –  When a bankruptcy case requires a third-party fiduciary, Fenix can help.  Debtors, creditors, and bankruptcy committees can achieve greater recoveries at lower costs if they leverage Fenix’s in-depth expertise in their cases.  Fenix can serve as a chapter 11 trustee, post-confirmation liquidating agent, or examiner.