APL Corporation
KM was engaged as accountants and financial consultants to the Official Committee of Unsecured Creditors of this previously owned Victor Posner conglomerate. We assisted the Committee’s counsel in aggressive litigation to replace corporate management. We provided reliable assessments of the company’s various operating subsidiaries, and their condition and capabilities to help ensure the estate’s principal assets were being preserved and properly marshaled. We assisted the Committee in evaluating alternative strategies and options to maximize the estate’s value for creditors. We analyzed significant and complex related party transactions of this intricate group of companies.
