Case Study

Precept Business Services

CLIENT: Counsel to the Chapter 7 Trustee

Gordian Group was engaged by the litigation counsel to Chapter 7 Trustee of Precept to address certain issues.

Business Profiles

Situation

Precept Business Services and its subsidiaries primarily engaged in business product distribution management and services. Precept Business Services went out of business as per its Chapter 7 liquidation filing under bankruptcy.

Engagement

Gordian Group was engaged by litigation counsel to the Chapter 7 Trustee of Precept, a business products company, to address the timing and degree of the company’s insolvency. In addition, Gordian Group assessed the damages arising from the company’s insolvency.