Case StudyCorporate Finance and Restructuring Services
A Claro professional was appointed Chief Restructuring Officer (CRO) of a distressed network of twenty-four Veterinary Clinics across seven states. Claro was also retained as the Financial Advisor to the debtor. CRO services included reviewing alternatives, navigating litigation and an adversarial senior creditor, and advising as to the optimal path through reorganization, including the sale of substantially all assets. FA services included assisting the debtors to stabilize business operations, developing cash flow forecasts and a detailed business plan model for the company post emergence from bankruptcy, as well as guidance with all bankruptcy related documentation.