Independent directors are part of a board of directors but are not part of the executive management team. It’s important to hire an independent director you can trust.
To appoint independent personnel, we review the organization or controlling documents of the entity and forward a form of the agreement appointing the personnel. Each transaction is unique, and we work with our clients to make sure the proper people and documentation are in place for closing.
Knowledgeable and Experienced
Required by lenders, independent directors fulfill an important role when businesses are facing economic hardship. Independent directors from URA can make decisions without bias or interference, keeping you in compliance with your lender’s requirements. Typically, independent director duties are defined and limited by the organizational documents of your entity and a separate appointment agreement.
Clear Solutions to Common Problems
Our experienced independent directors are prepared to handle the challenges that a company in financial distress may present. Whether your company is insolvent or nearing insolvency, our independent directors have the experience to know what actions to take for the business.
When you choose URA, you’ll find that our independent directors offer unique industry expertise and provide exceptional solutions to common problems that plague companies in distress. We focus on key business priorities while offering a professional yet personal service.
Fair Pricing and On-Demand Service
- Single fee for each entity
- No additional fees or surprises
- Independent Directors can easily take on an additional role (such as springing member) without an upcharge
- Quickly put independent personnel in place (sometimes within hours)
- Personalized service