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Asset Recovery
Every GGG professional is an expert at negotiations, and it is these skills that come to the fore when it comes to recovering assets.
Our goal is to provide every party involved in a company with an optimal returns. Thus, we maximize asset recovery by:
- Negotiating accounts receivable with creditors
- Re-negotiating contracts with unions and the Pension Benefit Guaranty Corporation (PBGC)
- Taking advantage of established relationships with sales agents to sell buildings, equipment, and property
- Negotiating the sale of divisions, intellectual property and other assets both in and out of bankruptcy
Through our affiliate company, Assets Recovery Association, GGG can even take on the role of Assignee for the Benefit of Creditors.