Approach
Fiduciary Responsibility
- As a Trustee, Ocean Ridge recognizes that it is responsible to the stakeholders of a bankrupt company, and/or to the beneficiaries of a post-bankruptcy trust
Maximize Recovery
- Manage ongoing operations in the most efficient and cost effective manner possible,
in order to limit losses and to maximize value realization from asset sales and cash flow
- Pursue asset sales on a cost effective basis
- Pursue litigation on a cost effective basis
- Aggressive claims management, reconciliation and objection process
Minimize costs
- Management of professionals
- "Just what is needed”
Full Informational Transparency
- Website posting
- Press releases
- Cooperative and responsive