Financial Distress Mitigation

Expertise

Mitigating monetary and non-monetary damage to businesses facing financial distress.

Key strengths

  • Assessing the nature of the distress drivers (liquidity crisis vs viability crisis)
  • Assessing the scale, urgency and pervasiveness of the distress; identifying alternatives and advising owners as to their feasibility, efficacy, risks and financial implications
  • Planning, forecasting and executing the owner’s chosen mitigation strategy, from cost rationalization or business line/unit discontinuance to distressed sale/divestiture or orderly wind-down (in- or out-of-court)
  • Managing project teams including operating managers, insolvency counsel, tax and accounting advisors
  • Communicating with stakeholders inside and outside the company including ownership, lenders, unsecured creditors, suppliers, customers, management and staff

Roles

Chief Restructuring Officer (CRO), Project Leader, Outside Consultant.