Financial restructuring

In some circumstances, either the total financial liabilities of a company are too large, or the profile of the liabilities is so inappropriately structured, that the company will not be able to meet them as they fall due. In this situation management teams can be tempted to try to restructure their liabilities to certain lenders hoping that business will recover in time to allow them to meet their liabilities to others. Typically this only delays the inevitable. Often the only solution that will ensure the survival of the company is wholesale financial restructuring. This will require a comprehensive, detailed and achievable business plan. Once a realistic business plan has been agreed with management a restructuring proposal needs to be developed which should represent a better solution to each of the lenders than the alternative (often exercise securities over assets). We work with management teams to assist in the development of business plans, restructuring plans, and bank negotiations to perform a comprehensive financial restructuring.