Quest Administrative Services, LLC provides a cost efficient turnkey back office solution to entities that are emerging from Chapter 11 or completing an out of court restructuring. These entities require a variety of back office services but based on the level of activity, many incur excessive costs to retain an experienced team on a full-time basis.
Quest offers a complete back office solution or the ability to obtain only those services required in each case by Trustees, Plan Administrators and Boards of Directors. These services can be made available on an as needed basis to manage the business needs for the duration of the case.
Services that can be provided include:
• Accounting and Financial Reporting
• Treasury and Cash Management
• Accounts Payable Processing
• Management of Claims, Interests, Capital Accounts and Distributions
• Tax Compliance
• Investor Relations
• Facilities Management
• IT Services
• Disposition of Miscellaneous Assets
• Document Management and Retention
• Electronic and Hardcopy Data Storage
• Litigation Support
Representative cases that this team has managed include:
Summary of Approach
As the Plan or out of court restructuring is being finalized, Quest personnel work together with management, incoming trustees, plan administrators, boards of trustees/directors and case professionals, to assess the services and administrative functions required and determine the most efficient way to perform all required back office functions. Our team will quickly identify services needed and develop a proposal to provide these services either on a fixed monthly fee or on an hourly basis.
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