A monitoring engagement can occur under numerous circumstances whether it be through a formal or informal proceedings. In these circumstances a Licensed Insolvency Trustee may be appointed as the monitor of a debtor company to ensure a transparent process occurs and appropriate financial and operational reporting be provided to the stakeholders involved in a company attempting to restructure itself.
For more information, contact one of our corporate team members who will help you determine if a formal or informal monitoring engagement is right for you.
I wish to thank you for your understanding through my ordeal. For the compassion and thoughtfulness of what I was going through.Sonia B.