Donlin Recano Celebrates Its 20th Anniversary of Delivering Bankruptcy Services.NEW YORK New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- Donlin Recano and Company, Inc. (DRC DRC Democratic Republic of Congo
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DRC Disability Rights Commission (United Kingdom) ), the leading bankruptcy management consultancy, has marked its second decade of business in the bankruptcy industry celebrating its 20th anniversary this week. DRC, a claims management pioneer which began operations in May 1989, was the first firm to offer a complete collection of claims managements services and solutions covering claims administration, balloting, and the disbursement DISBURSEMENT. Literally, to take money out of a purse. Figuratively, to pay out money; to expend money; and sometimes it signifies to advance money.
2. of cash and reorganization securities.
With extensive Chapter 11 experience, in saving companies hundreds of thousands of dollars in the management of claims DRC has set the standard for bankruptcy management solutions. Its leading-edge technology has provided innovative solutions across all industries and business sectors. DRC's highly experienced team of attorneys, analysts, and technology experts have guided Chapter 11 debtors to navigate the burdensome administrative bankruptcy process while optimizing efficiency and minimizing costs.
"Although the bankruptcy landscape has changed dramatically over the last two decades, DRC's focus on excellence has always been driven by the need for ethical processes to ensure that each claim is supported and maintained properly throughout the case," said Lou Recano, Co-Founder and Chief Executive Officer for Donlin Recano and Company. "Bankruptcy is very much in the public eye today and therefore it is essential for the process to be transparent, which decreases the costs to the debtor thereby maximizing payout to the creditor body as a whole."
With expertise spanning a number of industries including the automotive, media, healthcare, retail, transportation and technology, DRC has worked with many high profile bankruptcy clients including Agway, Inc., et al., Fruit of the Loom Fruit of the Loom is an American company which manufactures clothing, particularly underwear. The company's world headquarters are based in Bowling Green, Kentucky. One manufacturing facility still remains in Jamestown, Kentucky, and several other facilities are located across the , Inc., Federated Connected and treated as one. See federated database and federated directories. Department Stores This is a list of department stores. In the case of department store groups the location of the flagship store is given. This list does not include large specialist stores, which sometimes resemble department stores. , Wheeling-Pittsburgh Steel Wheeling-Pittsburgh Steel is a steel manufacturer based in Wheeling, West Virginia, which is located at the edge of the Pittsburgh metropolitan area. In December 1968, Pittsburgh Steel Company was merged into Wheeling Steel Corporation to form the current company. Corporation, Plastech Engineered Products Plastech Engineered Products is a tier-1 automobile supplier headquartered in Dearborn, Michigan. It is the largest women owned company in the state of Michigan.  , Inc., Loews Cineplex Entertainment Corporation, US Airways, Inc., Quebecor World (USA) Inc., Allegheny Health, Education & Research Foundation, and Silicon Graphics, Inc.
"Anniversaries not only allow us to celebrate the successes of our past, but are also an occasion to remember the values that have sustained us for 20 years and will continue to allow DRC to flourish," said Scott Stuart, Partner, Donlin Recano and Company. "We look forward to reaching additional milestones that allow will allow us to show our enduring commitment to our clients and the bankruptcy industry overall."
For more information on DRC visit www.donlinrecano.com.
About Donlin Recano
Donlin Recano is the leading claims management company that has served over 200 national clients across a broad range of industries and business sectors. Working with counsel, turnaround advisors and the affected company, Donlin Recano helps organize and guide Chapter 11 clients through administrative bankruptcy tasks, including provision of Web site-accessible information, formation of professional call centers, management of claims, balloting, distribution and other administrative services.
The company also provides similar services to creditor committees of clients in an effort to comply with
The Bankruptcy Abuse Prevention and Consumer Protection Act The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (Pub.L. 109-8, 119 Stat. 23, enacted 2005-04-20), provided for significant changes in Bankruptcy in the United States, was passed by the 109th United States Congress on April 14, 2005 and signed into law of 2005.