As a result of the economic decline, Veriti Consulting has been appointed as court receiver, bankruptcy examiner and special master for distressed or unstable business conditions. Representative engagements include:
The professionals at Veriti have the experience and knowledge to manage and turn around financially troubled entities, ensuring the continuity of operations, safeguarding of assets, and oversight of financial and personnel matters. Our receivership services experience has proved invaluable to the owners of companies involved in litigation to ensure the preservation of their investment until the disputed matters are resolved. When serving as a special master, our professionals assist with determining a fair and equitable resolution of disputed financial matters. Our background as CPAs, forensic accountants and business appraisers all work to enhance the quality of services rendered for receivership, examiner and special master cases.
Veriti Consulting investigated suspicious transactions, negotiated the sale of district buildings to a tribal entity, settled large outstanding debts, and provided financial stability for a school district deemed insolvent and placed into court ordered receivership due to alleged mismanagement.