The purpose of restructuring is primarily to protect against bankruptcy. The process itself consists of taking measures to improve the situation of companies. Restructuring is any kind of undertaking to increase the profitability of a given company. These can be legal as well as economic or marketing measures.
Our specialists carry out the following restructuring processes:
Corporate restructuring
We specialise in both remedial restructurings, concerning a rapid improvement in the efficiency of enterprises in a situation of protracted crisis and threat of insolvency, carried out mostly on the basis of the provisions of the Restructuring Law, as well as developmental restructurings, which have a prospective character.
Restructuring of companies in crisis
We build our cooperation offer based on the individual nature of our client, targeting both companies in crisis and creditors.
For the restructuring projects carried out, we appoint an interdisciplinary team of experts, including financial modelling, restructuring consultancy, law, management, tax and accounting, experienced negotiators and market analysts.
Pointing to the specificity and multi-faceted nature of the change phase that results from the architecture of the restructuring effort, we provide:
- comprehensive service restructuring within one company, i.e. from the stage of decision on intention restructuring to its final result, taking into account support in obtaining financing
- competence and security in the implementation of the project you entrust to us,
- creation of specialized, made to measure solutions.
Scope of services provided:
- Legal representation of companies in restructuring proceedings and drafting of pleadings
- Corporate auditing, including financial analysis
- Strategic analysis of the company to identify the scale and type of crisis
- Design of remedial solutions
- Support in choosing the form of restructuring
- Advising the board of directors on its duties and responsibilities in the face of the threat of insolvency
- Preparation of comprehensive restructuring plans, development strategies and arrangement proposals
- Financial modelling and investment analysis
- Support in obtaining financing
- Advice and support to the board in implementing the restructuring plan
- Concluding agreements with creditors, negotiation and mediation support
- Coordination of the implementation of individual solutions
- Specialist advice on improving key areas including finance, tax, standardisation of production processes, marketing
- Introduction of a process control system restructuring at the strategic and operational level, preparing the necessary reporting
- Support in handling accounting, payroll and tax matters
And also:
- Representation creditors in restructuring proceedings and councils creditors
- Acting as administrator against court orders
Experience in running processes restructuring, their diversity both in relation to the situation of the company and the environment in which it operates, allows us to use proven instruments and ensure a guarantee of the highest quality of service in the field of debt relief for companies.
We repair and protect, building mutual trust, which is often decisive for the continuity of our customers' business support, and strengthen the effectiveness of their subsequent business.
Developmental restructuring
This form restructuring and the services provided under its assumptions, is related to fundamental and strategic changes in the enterprise, mostly taking place without the participation of the court.
Our remit includes comprehensive activities in:
- market reorientation of companies
- product restructuring
- technological restructuring
- financial restructuring: ownership, capital structure, assets and organisation
- restructuring of employment
Work stages:
- Macro-environment analysis - Diagnosis of reality and market forecasts
- Analysis of the competitive environment
- Analysis of the strategic potential of the company: product portfolio, audit and analysis of financial standing, production and logistics processes, pricing policy in place
- Development of strategic options and choice of development strategy
- Development of functional strategies
- Definition of the strategy map: financial perspective, internal processes, human capital, market perspective
- Development of an investment plan, funding sources and investment priorities for specific sectors, technologies and markets
- Support in obtaining financing from public and private sources
- Coordinate and support the implementation of the adopted restructuring plan
- Development of a strategic and operational controlling system in view of the adopted restructuring plan