Services

Restructuring
Special Situations
BOARD, INTERIM MANAGEMENT
AND FORMAL APPOINTMENTS

Addressing the complex financial challenges, which accompany stressed, distressed and special situations, is not a one size fits all solution. Amid the uncertainty, stakeholders must make informed decisions to address the current issues.

We provide hands-on support to stakeholders to assist in the decision-making process through all phases of the restructuring process. The support may be advisory or involve taking executive roles, interim management roles and/or Board appointments.

Financial Restructuring

We have a broad range of experience advising and assisting clients with:

Crisis stabilisation
Short term cash flow forecasting
Business, financial and strategic reviews
Financial modelling and sensitivity analysis
Liquidation analysis and security position review
Formulation of debt restructuring plans and options analysis
Scheme of arrangements
Liability management and covenant waivers
Debt rescheduling
Recapitalisations involving injection of new debt and / or equity capital
Obtaining covenant waivers and amendments
Structuring and executing consent solicitation exercises
Stakeholder management and negotiation
Documentation and completion
Acting as monitoring accountant and calculation agent
Contingency planning, including use of Court restructuring and insolvency regimes
Formulating recovery strategies on non-performing loans for investment funds and financial institutions

OPERATIONAL RESTRUCTURING AND PERFORMANCE IMPROVEMENT

Operational restructuring aims to assist corporates that are facing financial stress identify and implement operational improvements to drive rapid change and deliver improvements in working capital, EBITDA and enterprise value.

Performance improvement services aim to assist corporates to help maximise efficiency and effectiveness of an organisation.

We work closely with management and have a broad range of experience advising and assisting clients with:

Capital Raising

We assist client’s structure and execute bespoke financing solutions to meet short term liquidity requirements, raise capital to unlock shareholder value or meet growth objectives. Our funding sources include banks, private equity funds, credit funds, distressed and special situation funds and strategic investors.

We have a broad range of experience advising and assisting clients in the following situations:

Accelerated M&A and Distressed Asset Sales

We assist clients when a corporate facing stress / distress has decided or in consultation with its lenders decided to sell selected non-core assets or the entire company to alleviate cash flow or debt repayment issues or when a corporate seeks to sell non-core assets to unlock value or raise capital to fund growth objectives.

We have a broad range of experience advising and assisting clients with the following:

Expert Testimony

We assist clients by providing expert restructuring and valuation testimony for use by the Court, for private arbitration / mediation proceedings, M&A or financial reporting.

BOARD AND INTERIM MANAGEMENT APPOINTMENTS

The appointment of restructuring professionals to interim management roles (e.g. CRO, interim CEO and interim CFO) and/or Board appointments of corporates facing financial stress is becoming an increasingly important aspect of the financial restructuring process.

We have professionals with the necessary experience and track record of leadership to take board and interim management appointments into corporates, which are entering into a restructuring process, being restructured or exiting a restructuring process.

We also place restructuring professionals onto the Board or into interim management roles on behalf of creditors and investors to monitor and protect their investments.

Formal Appointments

We provide a full suite of insolvency services to creditors, directors and shareholders and have capabilities to take appointments as a judicial manager, liquidator or receiver.