Committee of Retirees of FFC Holding Division: Phoenix Management Services Client Committee of Retirees of FFC Holding was a committee of retirees formed in conjunction with the Freedom Forge Corporation bankruptcy. Problem The retirees had a significant interest in the FFC bankruptcy because of their retirement benefits fund. With little knowledge of the proceedings, the committee decided that they wanted their own expert to assess the situation. Solution Phoenix Management Services was engaged by the committee to assess the situation regarding the bankruptcy and then acted as a general advisor regarding the structure of the retirees’ benefits upon emergence of Freedom Forge from bankruptcy. In its role of advisor, Phoenix negotiated with the debtor, the secured and unsecured creditors an

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