Our experienced turnaround and restructuring team can help instill confidence in stakeholders that your management team is proactive about and committed to making a positive change during a difficult time. With significant experience working for Big 4 and national firms, we advise debtors, secured and unsecured creditors, examiners, Chapter 7 and Chapter 11 trustees, and serve as financial advisers to chief restructuring officers and business owners.
We will help you not only identify a thoughtful strategy to stabilize the business, but also implement the strategy and position you for success moving forward.
Conduct current state assessment, identifying opportunities to retain value through new processes and/or solutions
Develop cash flow forecasting tools for internal and external reporting
Create restructuring roadmap to enable transformation
Assist with compliance of external reporting requirements, including specific bankruptcy reports and related disclosures
Assist with liquidity reporting requirements, including reporting to lending institutions and/or other parties of interest
Conduct ad hoc analysis, including various financial and tax analyses
Secured Lender
Advise on risks and opportunities of a company's business plan and restructuring alternatives to facilitate informed decisions
Use cash management models to calculate current cash position and length to support current operations; assess borrowing needs in real time
Use liquidity dashboard to track liquidity ratios, key assets and weekly cash needs to fund operations in a single location
Unsecured Creditor
Serve as the financial adviser to unsecured creditor committee to facilitate negotiations between the debtor and other parties of interest
Assist in recovery of assets, including identification and recovery of assets to be distributed to the estate
Conduct liquidity monitoring including assisting in assessing the ongoing cash needs of the debtor
Involved in negotiation, driving the best possible return for constituents
Control the business temporarily to generate value from the assets of the business to pay creditors what is owed
Oversee the liquidation of assets and receipt of payments to distribute the proceeds to the priorities established by law
Serve on behalf of secured creditor that appoints us, or as an officer of the court, serving all creditors due to the court order
Provide transparent reports to all creditors on actions taken
A senior professional, experienced with building and managing a clear turnaround plan
Develop thorough cash flow models to navigate business through a crisis
Lead restructuring arrangements with senior lenders
Provide guidance on transactions, carve-outs or acquisitions
Assist implementation of cost takeout and restructuring models
Identify outside capital sources as needed
Prepare for Chapter 11 bankruptcy filing