FINANCIAL TURNAROUND & RESTRUCTURING
Planning ahead is paramount to a successful turnaround.
Even well-run companies can hit rough patches and find themselves in situations which require operational restructuring or renegotiation of agreements with financial institutions and other creditors. Executives often wait too long to implement change, and by then, lack the financial resources required to support an in-court or out-of-court restructuring. Our firm provides support which may range from implementing strategies to improve cash flow to adjusting pricing strategies and providing analytical rigor to support creditor negotiations.
Some of the Things We Do
- Crisis management
- Contingency planning
- Liquidity management
- 13-week cash forecasting
- Daily cash monitoring
- Budget-to-actual analysis
- Key performance indicators
- Working capital management
- Recapitalizations
- Debt restructuring
- Creditor negotiation
- Bankruptcy reorganization
- Initial bankruptcy reporting
- Preparation of motions
- Monthly operating reports
- Declaration statements
- Creditors matrix
- Claims management
- Plan of reorganization
- Unsecured creditor committee cdvisory
- Assignment for the benefit of creditors