Bankruptcy and Restructuring
In the past, filing for Chapter 11 bankruptcy, team personnel would be required to research, gather, collate, print and mail a series of financial documents and forms to all parties involved: creditors, accountants, attorneys, court personnel, judges and consultants. The work-flow issues were resource intensive and often resulted in a logistical challenge for those managing the process.
Today, many companies are discovering that the traditional paper based information delivery methods are insufficient to reach goals and timelines. Instead, filers are now deploying a secure virtual deal room (VDR) solution which allows them to start and complete the process more efficiently while consuming fewer corporate resources.
As bankruptcy regulations grow more complex and filing deadlines grow tighter, companies need a better, more efficient way to comply. Increasingly, organizations are turning to virtual data rooms (VDRs) such as the premier Merrill DataSite™ solution to save time, minimize risk and gain more proactive control over the process.
Explore your options without disrupting day-to-day operations.
With Merrill DataSite, you can manage the claims and general administration, disclosure statements and restructuring plans of the bankruptcy estate in a fraction of the time it would take in a paper-driven due diligence process. Getting started is easy − Merrill DataSite is designed for rapid deployment. Our clients enjoy:
- Unprecedented security. All data is maintained on Merrill servers, where users review documents through a highly secure desktop viewer that requires no additional software installation.
- Significant cost savings. With Merrill DataSite, clerical, staffing and security costs associated with hosting a physical data room are eliminated.
- Rapid deployment. Merrill DataSite can provide an experienced document management team and specialized equipment onsite to scan, upload and organize your information. Your DataSite can be up and running within two hours or less, and thousands of pages of content can be made available to all relevant parties around the clock in no time.
- Dedicated project support. Our project managers can help you build a secure due diligence game plan and determine what data is necessary, how to acquire this data and how to maintain confidentiality.
Find out more by reading our case study>>
A trusted partner
Merrill DataSite Virtual Data Room (VDR) is an online deal room that optimizes the due diligence process by transforming the traditional paper data room into a secure online data room, accessible via the Internet. Merrill DataSite offers a secure and highly efficient method of sharing critical business information for electronic due diligence in M&A advisory, banking M&A, mid market M&A review, transfer of small business ownership when selling a company, document warehousing, mergers and acquisitions due diligence, succession in family business or when buying a business, IPO and secondary offerings, asset purchases, venture capital due diligence, bio tech licensing, commercial and corporate real estate ventures, liquidations, bankruptcies, financial restructure, liquidation analysis for bankruptcy, corporate debt restructuring, preparing for exit strategies, and many other transactions that require.
Merrill Corporation has been a trusted provider of secure information services to Fortune 500 companies in the financial and legal industries for nearly 40 years. Since 2002, Merrill DataSite has empowered 1.6 million visitors to perform electronic due diligence on thousands of transactions totaling trillions of dollars in asset value.
It is at the core of Merrill DataSite’s effort to share ideas and practices that can help organizations expand opportunities. Download and read a variety of documents for free, such as international surveys, summaries of field knowledge practical guides, and Case Studies of our clients and partners, from the DataSite Knowledge Center>>
