Advice on the implementation of restructuring; development and assessment of financial restructuring concepts
We advise you in a neutral and independent manner on the development of financial restructuring concepts or we develop these for you in their entirety. We establish the financial reconstructing ability of the company and the necessary measures for the financial restructuring concept.
We support potential investors (e.g. banks, associated companies, employees, shareholders) in their decision making about whether or not they provide companies which are in a crisis with further funds. For this reason - in addition to the establishment of the reasons for an existing crisis - existing financial restructuring concepts are analysed in detail and their ability to be carried out is examined and evaluated - neutrally and independently. The aim is to minimise as far as possible the risk of the investment you plan to make.
Restructuring financial controlling and reporting
For the successful realisation of a financial restructuring concept, thorough financial controlling is indispensable. We support you in the realisation of the financial restructuring measures decided upon. Here the priority is naturally the successful realisation of the whole financial restructuring concept. We set up, also in the interest of investors or principal creditors, continuous reporting on the realisation of the financial restructuring measures etc.
Monitoring of financial restructuring (debt advisory)
In connection with company restructuring, the analysis and optimisation of the existing financial structures of the company are of great importance. We monitor the negotiations on the necessary financial restructuring and develop in this respect optimal structuring of the financing. This includes negotiations concerning bridging loans or loans for remedial actions, bank pool negotiations, conversion of debts to equity (debt-equity swaps), mezzanine money, etc. In this regard we work regularly with the international offices of Salans LLP.
Purchase and sale of distressed companies (distressed M & A)
Not only the acquisition, but also the sale of distressed companies can be very attractive to third parties under certain circumstances. This kind of activity, however, requires prior extremely sound advice and analyses to identify and minimise the often much higher, and in part hidden, risks which accompany the purchase or sale of distressed companies.
Monitoring and administration of securities in favour of creditors; assumption of trusteeships
In the framework of the restructuring of companies, we assume the administration of securities in favour of the creditors. As trustees we also assume the function of shareholders for creditors.
Drawing up and examination of insolvency plans
We draw up insolvency plans and/or examine these for their correctness and plausibility. The sound ascertainment of a positive going concern prognosis according to the legal principals for insolvency, as well as comparative analysis in relation to the normal development of insolvency proceedings forms the appropriate basis here.