The formal insolvency procedure aims to facilitate a company rescue or ensure the survival of a business as a going concern within a reorganization process or maximize recovery rate for stakeholders in a bankruptcy process.
We advise companies, creditors and/or insolvency trustees when in need of the following:
- Preparation of a reorganization plan including analyses of potential revenue or margin improvements and identification of important cost reduction opportunities;
- Implementation and monitoring of the reorganization plan; and
- Assistance in sale of companies, their business units, subsidiaries, assets -> Sale Advisory.