Consumer Battery Manufacturer

Nature of Engagement
Appointed as Receiver for an asset-based lender of a NASDAQ listed Ontario manufacturer of consumer batteries having sales throughout North America.
Summary of Strategy Employed & Outcome
Continued the operations of the business in order to complete the company’s work-in-process, while enhancing the collectability of the accounts receivable and entertaining offers to purchase the business on a going-concern basis.
Email this to someoneDigg thisShare on FacebookShare on Google+Share on LinkedInShare on TumblrTweet about this on Twitter