Restructuring your company? Marshall & Stevens' experts can help.
Working with us
Bankruptcy, restructuring and reorganizations can be a tedious process with a great reliance on specialists to provide independent expert analyses and consulting. Our team works with courts, corporations, fiduciaries, financial institutions, investors, and others to get our clients through the challenges. We offer Receivership services for those who wish to avoid the bankruptcy process.
The great majority of our clients are referred to us by accountants, attorneys, past clients, and trusted advisors who are confident in our expertise and attention to detail. We commit senior specialists who are credentialed through one or more of the following distinguished professional organizations to these distressed business matters, including, as required: accredited senior appraisers in business, asset, and real estate valuation, (ABV, ASA, CFA, MAI, and MRICS), certification in distressed business valuation (“CDBV”), certified public accountants (“CPA”), certified fraud examiners (“CFE”), certified in financial forensics (“CFF”), certified financial crime investigators (“CFCI”), certified fraud examiners (“CFE”), and certified insolvency and restructuring advisors (“CIRA”).
Please see the affiliated webpages and services sheets listed to the right or contact our experts for more information any of these matters.
We are engaged to provide consulting for:
- Bankruptcy Taxation
- Corporate Reorganization
- Creditors / Creditor Committees
- Debt Restructuring and Loan Workout
- Expert Testimony
- Fraudulent Conveyances
- Liquidation
- Preferential Transfers
Valuation services provided in cases of bankruptcy, restructuring and reorganization and receivership include:
- Fairness Opinions
- Financial Instrument Valuations
- Forgiveness of Debt Studies
- Fresh Start Accounting Valuations for compliance with FASB ASC 852 – Reorganizations
- Net Operating Loss Carryforward and Built-In Gain Studies
- Reorganization Value / Corporate Recapitalization Studies (IRC Section 368)
- Solvency Opinions
Frequently Asked Questions
Marshall & Stevens provides forensic accounting, valuations, damages calculations, consulting, and expert witness testimony in a wide variety of litigation and arbitration cases.
Marshall & Stevens has staff that serve as receivers and who perform investigative/forensic accounting services. We also assist with bankruptcy and restructuring as may be required.
Marshall & Stevens has a large team of valuation professionals, all of which have industries where they have a particular expertise, including: agriculture, automotive, chemical, construction and engineering, consumer products, energy and infrastructure, entertainment and media, food and beverage, healthcare, hospitality and gaming, manufacturing and distribution, real estate, professional services, technology.
These assets may be held outside the business and leased back to the business, and/or to other businesses, in order for you and your family to maintain control of the asset into perpetuity.
Real estate should be looked at strategically for potential beneficial tax reporting, financial reporting, depreciation including cost segregation and bonus depreciation, financing including sale leaseback, etc.
The fair market value of acquired real estate is often much higher than the seller’s capitalized basis and the allocation between land (not depreciable) and improvements (depreciable) is often different than what the assessor has determined.
For financial reporting, the value of acquired real estate needs to be allocated to land, building and improvements, and intangible assets.
Financial reporting compliance requires a determination of fair lease rate.
A large percentage of transactions include lease agreements that are not at current fair market value. This is more often the case when the owner of the business is also the owner of the real estate.
In the acquisition of a medical practice, for instance, the acquiror must not pay a higher than market rate to acquire or lease the property from the seller.
Each audit firm has their preference for the way certain financial instruments should be valued. We initiate a call with the audit team before performing the analyses to reduce the potential for delays and surprises.
Our specialists have a great deal of experience providing financial reporting valuations for compliance with international and domestic accounting standards.
We review financial projections against past performance, comparable company performance, and industry forecasts. We ask for support from our clients, as necessary, to make us comfortable with their projections and to provide an explanation in our valuation report.
We focus on efficiency. Our team includes senior valuation professionals with experience working at international audit firms – they did the same review work your audit firm valuation professionals do – making them a great resource to our clients. These specialists understand the materiality thresholds while meeting regulatory requirements.
We provide negative and positive assurance letters upon request.
Bankruptcy, Reorganization and Restructuring Contacts at Marshall & Stevens
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ABV, CDBV, CFE, CIRA, CPA, MBAManaging DirectorBankruptcy, Restructuring, Forensic Accounting and Litigation Services801.428.1604 [email protected] -
ABV, ASA, CDBV, CIRA, CPA, CTPManaging DirectorBankruptcy, Reorganization and Restructuring405.272.0511 [email protected] -
CDBV, CIRA, CPA, FABFAPrincipal and DirectorBankruptcy, Reorganization and Restructuring405.272.0511 [email protected]
