Case Study: Aerwav Holdings, LLC achieves successful bankruptcy resolution with Stretto

Aerwav Holdings, LLC - Customer Case Study

Aerwav Holdings, LLC, a privately-held investment company, filed for Chapter 11 bankruptcy, which was later converted to Chapter 7. Their challenge involved a complex court-ordered reallocation of liquidated assets among different estates, which required meticulous documentation under intense scrutiny from creditors and the U.S. Trustee. The court-appointed Trustee engaged Stretto's professional services to assist with this sophisticated accounting and reporting challenge.

Stretto deployed a team of experts who worked alongside the Trustee to manually log and verify hundreds of transactions. They modified court-approved forms and prepared sophisticated accounting logs to achieve full compliance with strict reporting requirements. By serving as a professional service partner and leveraging its substantive procedural expertise, the Stretto team facilitated the successful resolution of the case, guaranteeing all deadlines were met.