Gulf Atlantic Capital Appointed Chief Restructuring Officer of Adva-Lite et.al. to Implement Liquidating Chapter 11 Plan
Gulf Atlantic Capital appointed the Chief Restructuring Officer of Adva-Lite, Inc. and six related entities to implement a liquidating Chapter 11 Plan.
Responsible party to wind down the corporate affairs, including termination of benefit plans, file required court reports and file final tax returns.
Direct efforts to analyze and reconcile claims, including: 503(b)(9) claims, administrative claims, tax claims, priority claims and reconciling more than $18 million of unsecured creditor claims.
Developed supporting schedules for the disclosure statement and provided analytical framework to support the Debtor’s plan treatment of creditor classes.
