Practice Area
Operational, financial, and fiduciary support for Chapter 7 and Chapter 11 matters where court process and business reality have to stay aligned.
Overview
Bankruptcy is often a last resort, but when a company reaches that point, execution quality still drives the outcome. Court process does not replace the need for disciplined cash management, clean reporting, stakeholder coordination, and practical transaction planning.
CMBG supports Chapter 7 and Chapter 11 matters from the business side of the case. We work with debtors, boards, trustees, committees, lenders, and counsel where recovery depends on more than pleadings alone.
Whether the objective is a reorganization, a 363 sale, or a clean liquidation, we help keep the operating facts, financial information, and stakeholder process aligned so the case can move with more clarity and less value leakage.
Core Bankruptcy Tracks
Chapter 11 support for debtors, boards, and counsel managing operations under court protection.
Chapter 7 liquidation support focused on asset diligence, records control, and recovery execution.
DIP financing, 363 sale, and disclosure support when runway and transaction timing are critical.
Claims, committee, trustee, and stakeholder coordination in complex or heavily contested matters.
Why Timing Matters
Bankruptcy cases usually succeed or fail on cash discipline, records quality, and transaction readiness well before plan confirmation or final distribution. Early structure preserves more options inside the court process.
26,941
US business bankruptcy filings in the year to June 2026
16.9%
year-over-year rise in business filings over the same period
608,511
total US bankruptcy filings in the year to June 2026
Capabilities
Support for restructurings that need federal court tools, including operational stabilization, case planning, and coordination around plan, sale, or recapitalization milestones.
Structured assistance for trustee-led liquidations, including asset review, records organization, disposition planning, and recovery-focused execution support.
13-week cash forecasting, liquidity discipline, and financing support that help debtors maintain continuity while court-supervised workstreams move forward.
Preparation for diligence, bid procedures, transaction support, and sale-readiness work that can materially affect value in bankruptcy sales.
Clear operating and financial communication for lenders, committees, boards, fiduciaries, and other parties evaluating feasibility, recovery, and timing.
Support around disclosures, claim-related issues, adversary-related workstreams, and reporting obligations that depend on reliable business information.
Engagement Model
Explore a situation to learn where we can help.
When management needs help translating business reality into an executable Chapter 11 strategy, we support the operating and financial work beneath the legal process.
We support fiduciaries who need disciplined asset, records, and recovery execution rather than abstract commentary.
We help stakeholders test feasibility, evaluate collateral and liquidation alternatives, and understand what the numbers really imply.
Where the legal path is only part of the answer, we provide the cash, operations, and recovery analysis needed to support faster decisions.
Related Resources
These related guides, videos, and case studies focus on bankruptcy-adjacent execution, crisis communication, and sale or liquidation support once a Chapter 11 or Chapter 7 path is on the table.
FAQ
These are the questions we hear most often from boards, lenders, fiduciaries, and counsel evaluating whether a bankruptcy filing is necessary and what kind of support will matter once the case begins.
When a matter moves into Chapter 7 or Chapter 11, disciplined execution can still materially improve the outcome.
Discuss a Bankruptcy Matter