$43.2M Working Capital Dispute

VIP SOLUTIONS CASE STUDY

BACKGROUND

Working capital conveyed to our client in an acquisition was approximately $70M under the purchase agreement’s working capital threshold. 

OBJECTIVES

VIP Solutions Case Study

Inform the value of conveyed working capital in a carve-out acquisition.

VIP Solutions Case Study

Accumulate supporting documentation for potential litigation.

VIP Solutions Case Study

Prepare defensible position of subjective working capital values, including accruals, reserves and estimates.

SOLUTIONS

VIP Solutions Case Study

Accumulated opening balance sheet working capital balances on an asset-by-asset basis.

5

Established process to track the consumption & forecasted consumption of conveyed inventories.

VIP Solutions Case Study

Responded to mediator's requests in settlement discussions.

Recovered
$43.2 Million
in cash proceeds