Restructuring Advisory
It can be difficult to know the right moment to hire advisors to assist in times of financial distress or crisis. At times, business owners and managers assert that they can effectively manage affairs even when the bills are going unpaid, or loan covenants have been violated. Our team helps find solutions, ease tensions with lenders and suppliers, and works to restore credibility with third parties. We can also serve as a “buffer” for management so that they can focus on running the business while we determine steps forward on any restructuring process.
Services Offered
Restructuring/Turnarounds
- Perform viability, solvency & feasibility assessments.
- Prepare 13-week cash flow projections.
- Develop and implement revised business models.
- Generate and implement cost reduction strategies.
- Stabilize business and establish profitability.
- Evaluate recovery alternatives and exit strategies.
Crisis Management
- Generate and implement a plan to manage liquidity.
- Develop strategies for key vendors and customers.
- Initiate communication and restore credibility with all stakeholders
Financial Restructuring
- Prepare debt capacity analyses.
- Assist in negotiations with principal creditors as well as other parties-in-interest.
- Render asset or business enterprise valuations, including liquidation analyses.
- Conduct asset or business enterprise sales/divestitures.
Trustee Support
- Identify and evaluate preferential transfers and fraudulent conveyances.
- Provide testimony regarding valuation issues, solvency analyses, and other contested matters.
- Perform financial investigations and analyses including forensic accounting.
- Locate and secure books, records, and key documents.
- Evaluate proofs of claim against estates.
- Serve as Trustee or Receiver (conduct wind-down).
- Serve as expert witness and testify in Post-Confirmation Litigation.
- Prepare MORs, Schedules, and SOFAs.
Who We Serve
- Companies (debtors)
- Committees of various constituent groups
- Suppliers/creditors
- Financial institutions and private equity/hedge fund investors