Independent Fiduciary Services
Teneo professionals act as bankruptcy trustees, plan administrators, post-bankruptcy trustees, examiners, receivers, monitors, and/or financial advisors to independent professionals playing trustee roles.
Teneo is regularly called upon to investigate and pursue litigation claims, perform administrative and financial functions, oversee management, wind-downs and asset disposition and make disbursements on behalf of trusts or estates.
Independent Roles
- Bankruptcy-court appointed examiner or chapter 11 trustee
- Post-confirmation liquidation or litigation trustee
- Monitor or receiver appointed by regulatory authorities
- Financial advisor to professionals filling roles set forth above
Fiduciary Functions
- Marshall and protect assets
- Value assets
- Manage disposition of assets
- Conduct forensic financial reviews
- Reconstruct historical transactions and records
- Pursue claims on behalf of trust beneficiaries
- Oversee management’s ongoing operations, results and business
plans - Prepare reports on findings
- Make distributions
- Maintain books and records