Cases involving bankruptcy, insolvency, and reorganization account for a significant segment of business conducted by practitioners. These specialized consulting services are critical in assisting attorneys, debtors, creditors, equity holders, courts, and other parties in interest throughout the bankruptcy or out-of-court restructuring process. This practice aid provides nonauthoritative guidance to assist practitioners in understanding the bankruptcy process and the consulting roles that they can play in that context. This practice aid sets no standards for the performance of such engagements.
Practitioners