LainFaulkner offers a wide range of financial and accounting services. These include in-depth planning, analysis and day-to-day accounting assistance. We can provide:

• Financial analysis. Debtors and creditors frequently request the assistance of LainFaulkner to assess current operations, estimate recoveries, and determine the viability of reorganization. Our experience reviewing and analyzing historical financial statements and transactions, as well as developing budgets and projections, allows us to provide assistance in development of cash collateral terms, monitoring adherence to cash collateral orders, preparation and analysis of monthly operating reports, and performing liquidation and going-concern analyses.
  
• Plan formulation or review. The success of any chapter 11 proceeding relies on a well-founded plan of reorganization and disclosure statement. We have participated in both the development and critique of many plans, addressing the adequacy of disclosure, fairness, and feasibility. We regularly serve as a source of information and analysis to parties to a bankruptcy and provide expert testimony during the plan confirmation process.
  
• Tax compliance and planning. LainFaulkner stays informed of the latest developments in case law that may have an impact on our practice. We assist our clients in obtaining a fair adjudication of federal and state tax liabilities and in obtaining refunds of overpaid taxes. We also review the tax effects of plans of reorganization, business combinations and other financial transactions as well as prepare local, state and federal tax returns.