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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