Kapila & Company - Certified Public Accountants

Firm Profile

K&C is one of the foremost insolvency/creditors' rights and litigation consulting practices in Florida with its central office in Fort Lauderdale. The partners of K&C have been involved in the growth and development of the South Florida community since 1985.

With a staff of over twenty, the firm has gained prominence and credibility in Florida by rendering insolvency, turnaround, forensic/investigative consulting and litigation support services.

The principal personnel of the firm have extensive experience covering a wide gamut of industries including financial institutions, manufacturing, health care, mutual funds, not-for-profit organizations, commodities brokers, retail, construction and distribution. Based on the strong backgrounds of its professionals in such industries, K&C has achieved high credibility and recognition in providing quality and focused service.

K&C is regarded as a leader in providing services in areas of creditors' rights matters, insolvency taxation, business analysis, troubled business turnaround, complex commercial litigation support including measurement of lost profits and damages and securities fraud.

Soneet R. Kapila is recognized as a "business man" in his skills. He has been appointed in Federal District Court as Corporate Monitor and Claims Administrator, in Bankruptcy Court as Examiner, Chapter 11 Trustee of operating businesses and Liquidating Trustee, and in State Court as Receiver. K&C has a demonstrated track record as a team of business people who conduct a thorough business analysis of operations and focus on issues important to cash flow and profitability. K&C specializes in debt restructuring, creditor negotiations and implementing turnaround strategies, and restructuring negotiations for under-performing companies.

Soneet R. Kapila is a sitting member on the Panel of U.S. Chapter 7 Bankruptcy Trustees in the Southern District of Florida, and is regarded as a prominent member of the local community.

The firm and its principal personnel are members of the Association of Insolvency and Restructuring Advisors, Association of Certified Fraud Examiners, the American Institute of Certified Public Accountants Forensic and Valuation Services Membership Section, the American Institute of Certified Public Accountants, and the Florida Institute of Certified Public Accountants. The firm is also a member of the Private Companies Practice Section of the AICPA and subscribes to the independent peer review of the member's audit and accounting practice quality controls by this division.

	Remarks by the Honorable A. Jay Cristol, Chief Judge United States Bankruptcy Court, Southern District of Florida
	5 July 1994 Case No. 92-11157 Now, the Trustee is a highly skilled certified public accountant who's almost a magician. In recent months we've seen this gentleman go into cases that look like they were deader than a door nail and turn them in -- as if by magic -- into viable entities that brought in money for the creditors. There is no greater skilled Trustee than the one that is on this case. The Court has a great deal of confidence in his ability to analyze and tell where this situation is going. Pg. 29, Ln. 12-21