Cash and Transaction Management
Stretto understands the operational burdens imposed on fiduciaries when confronting the need to open and manage multiple bank accounts. We’re here to help by developing customized solutions to meet clients’ unique domestic or international cash and transaction-management needs.
Stretto’s experts work closely with a national network of turnaround advisors to ensure the highest level of client service and seamless case management. We offer a unique combination of deep industry expertise paired with streamlined workflows and Stretto CORE™, our proprietary case-administration portal, which enables disbursements as well as manages legal-document preparation and filing services. Stretto ensures corporate-restructuring professionals are prepared for anything that comes their way.
Regardless of the number, type, or size of transaction, Stretto handles every aspect of the fund-distribution process. Leveraging our nationwide network of bank partners, we identify the financial institution best suited to meet your specific case needs. Our streamlined procedures and robust infrastructure allow us to effectively and securely process a high volume of monthly distributions.
Stretto provides the latest deadline for same-day turnaround on overnight packages and messenger deliveries. We offer affidavits/certificates of service, custom-merged data on court forms and document tracking with real-time updates. Operating our own document-production facilities, Stretto collaborates with nationwide providers, ensuring additional data security within our closed network.
When government-led restitutions in instances of fraud, money laundering and other types of criminal activity pose complex challenges, Stretto offers a multi-faceted approach to recovering assets, identifying creditors, and navigating the claims-reconciliation process. Receivers trust Stretto’s subject-matter expertise and robust technology platform to support their unique case-management needs.
Stretto understands the value of efficiency in managing complex corporate-restructuring proceedings, and the importance of maximizing creditor recoveries in the process. Our seasoned team brings streamlined workflows and subject-matter expertise to preference-action recovery and defense engagements.
Trustee Administrative Services
Stretto’s Trustee Administrative Services are designed to provide a greater level of support during difficult times. Comprised of former paralegals and Trustee Administrators, we utilize decades of industry expertise to provide nuanced, yet practical solutions. Our multidisciplinary team leverages best-in-class technology, scale, and streamlined workflows to ease operational burdens and maximize efficiency.
REVA Medical Inc.
REVA Medical Inc. (REVA), a medical-device manufacturer, previously specialized in blood-vessel stents. The San Diego-based company produced these products for heart patients in European clinical trials.
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