Bankruptcy
Whether you are filing for bankruptcy, seeking investors for a restructuring under chapter 11 or equivalent, or conducting a section 363 sale, you will need to distribute, manage and track sensitive documents.
As evidenced by the recent article in Financier International, "Using VDRs To Manage Bankruptcy Scenarios", the use of virtual datarooms during each stage of insolvency is on the rise.
The security exposure and lack of traceability associated with attaching sensitive documents to emails, printing out and distributing paper or disseminating information on CDs is time consuming and simply doesn't provide the accesibility, security and traceability needed. The market-leading virtual data rooms are clunky and cumbersome, based on dated internet technology.
ShareVault provides an organized and integrated web-based platform providing a modern easy-to-use and secure solution for your investors and advisors to review documents. Each phase of the bankruptcy process will benefit from ShareVault's unique blend of critical capabilities:
- Drag-and-drop document uploader based on a fast and secure proprietary data transfer technology - so you can populate your ShareVault fast,
- Entirely web-based application does not require installation of any proprietary document viewing software,
- Participants view documents in native Adobe Acrobat, locked-down with special security protocol that allows tracking of documents even after they have been downloaded, without any special document viewing software,
- Per-user and per-document access control settings so you can control who can see what information and when,
- Policy-based rights management so you can specify who has the right to view, print or save each document. Apply watermarks, block screen shots, prevent copy/paste, and in the event that a deal goes sour, you can even retroactively revoke the rights to open PDFs that have already been downloaded,
- Instant full-text search, so that participants can quickly find the information they need, greatly compressing the due diligence time line,
- Fast, easy-to-use tools to setup and modify the structure of the data room so your deal can proceed quickly,
- Conversion to secure PDF format happens automatically with support for over 300 file types,
- Comprehensive reporting tools provide the intelligence you need to determine who has spent time reviewing the critical documents for your deal,
- 24/7/365 support hot line, with access to ShareVault experts including a remote screen-sharing capability so our techs can see the issue right on your screen,
- Bank grade solid security and reliability, with a SAS-70 type 2 certified data center, dual redundant servers, data encryption and comprehensive security protocol.
To learn more about how ShareVault can provide the ideal virtual data room solution for bankruptcy scenarios, sign-up for a free demonstration.
Latest Bankruptcy News
- Due diligence next for Statler buyers
September 5th, 2010, 02:11 AM (PDT)
Mark Croce and James Eagan reached a milestone in their effort to acquire the mothballed Statler Towers, but the waiting game continues for the Buffalo landmark.
- BryLin continues to rebound
September 5th, 2010, 02:11 AM (PDT)
Five years after emerging from bankruptcy protection, BryLin Hospital is in its second year in the black, with high hopes for the future.
- Lynn Smith appeals court order to freeze her assets
September 5th, 2010, 02:11 AM (PDT)
Lynn Smith has appealed a U.S. District Court order freezing her assets.
- South Jersey doc seeks to buy Lower Bucks Hospital
September 5th, 2010, 02:11 AM (PDT)
A South Jersey cardiovascular surgeon who has spent more than two years shopping for a hospital to purchase has emerged as a potential buyer for Lower Bucks Hospital, which has operated under bankruptcy court protection since January.
- Bakers struggles for survival
September 5th, 2010, 02:11 AM (PDT)
Stung by losses and low on cash, Bakers Footwear Group Inc. has been fighting to keep its head above water for months. Now, with just $149,000 left in the company checking account, Chairman and Chief Executive Peter Edison has struck a deal he describes as too good to turn down. Others see it as a desperate grab for liquidity to keep Bakers’ shelves stocked.
- St. Louis public companies starting to open up cash coffers
September 5th, 2010, 02:11 AM (PDT)
St. Louis public companies are dipping deeply into cash reserves as executives turn back to acquisitions and capital expenditures for business growth.
- RED Development edges out Van Tuyl team for West Edge in bankruptcy auction
September 5th, 2010, 02:11 AM (PDT)
A group of predominantly local investors edged out a team led by auto dealer magnate Cecil Van Tuyl by $500,000 to buy the West Edge project.
- Bankruptcy filings increase with foreclosures, furloughs
September 5th, 2010, 02:11 AM (PDT)
Bankruptcy filings have continued to climb in the Sacramento region this year, but they are not rising as fast as they did last year.
- Hunt for Sommet’s assets highlights risk for customers
September 5th, 2010, 02:11 AM (PDT)
Attorneys have succeeded in pushing Sommet Group into bankruptcy liquidation, but now the real battle begins: finding the money.
- Court action, collateral-backed loan rescue Summitt Trucking as license renewals came due
September 5th, 2010, 02:11 AM (PDT)
Four companies operating under financially distressed Summitt Holdings LLC got a reprieve on Monday. A federal judge granted approval for the businesses to borrow more money and add collateral to gain approval of a needed loan.
- States Industries expects quick sale after bankruptcy
September 5th, 2010, 02:11 AM (PDT)
A struggling Eugene manufacturer of decorative wood panels used in homes, furniture and cabinets expects to be sold after a brief trip through bankruptcy.
- Jeff Klement may end up buying back share of sausage firm
September 5th, 2010, 02:11 AM (PDT)
Jeff Klement may end up buying back his own stock in his family’s Klement Sausage Co. with the proceeds paying his creditors pennies on the dollar they are seeking in his personal Chapter 7 bankruptcy case.
- Crunch Fitness pumped
September 5th, 2010, 02:11 AM (PDT)
One year after exiting bankruptcy, Crunch Fitness is preparing to bulk up.