About the Company
Industry Focus
Real estate
Construction
Timeline
2020
- Successful approval of Resolution Plan
2018
- IBC proceedings against company and appointments of InCorp IBC expert as RP
2016
- Liquidity issues emerge and work is halted
2013
- Resolution of legal case
- Start of work at site
2008
- Legal case with regard to end use of land
What was the client’s long-term vision?
- To generate liquidity to fund the project implementation.
- Protect the interests of all stakeholders to find a successful resolution plan
How did InCorp turn the client’s Vision to Reality
| Client’s Main Challenges | With InCorp |
|---|---|
| No developers showing interest in the takeover of the project. | Identifying potential developers and showcasing the project viability to generate interest and onboard bids. |
| Lenders and home buyers demand on the project. | Systematically managed and protected the interests of all stakeholders to find a successful resolution plan. |
| Project getting stuck due to liquidity issues. | Assisted in highlighting the viability and providing information to the interested developers to prepare a thorough Resolution plan to turnaround the stressed project. |
We are glad we got in touch with InCorp Advisory. We appreciate InCorps special attention towards helping us systematically manage and protect the interest of our stakeholders to find a successful resolution plan. During this association what seemed very tedious and complex was easily changed to seamless and uncomplicated. This helped us create a powerful and dependable relationship with InCorp Advisory.– Director
