Trust & Liquidation
As a Trustee or Plan Administrator, Province, in its fiduciary capacity, provides qualified management to navigate the bankruptcy process and post-effective date liquidating trusts. Utilizing our experience as leaders in the business and legal sectors, we are an active participant in the process; we affirmatively address the claims reconciliation process, effectively market and liquidate assets, analyze and prosecute preference recovery avenues & cash on hand and help our constituents to realize the highest recovery value for stakeholders and beneficiaries.
Province cost effectively manages lawyers and other professionals with a lean staff. We find roles for appropriate and vetted personnel from the former debtor and establish necessary partnerships with other case-specific, cost-effective vendors, therefore managing the process to its best result.
Key Tenets:
- Claims Reconciliation
- Administration
- Litigation Support