Recovery services

Corporate Recovery provides services to troubled companies, their creditors, and other stakeholders. We help restructure underperforming companies, and act as advisers to management, boards of directors, creditors, and other stakeholders.

Are your Company meet the following:

• Are relationships with creditors and other stakeholders deteriorating?
• Are there continuing financial losses or cash flow deficiencies? Declining sales or margins? Financial reporting delays? Late payments?
• Is there a qualified auditor’s report?
• Is management or succession planning weak?
• Are debt arrangements maturing? High-cost debt?
• Are asset values deteriorating?
• Is liquidity a looming problem?

Service include:

1. Restructuring Services

   Corporate Recovery provides restructuring services to underperforming companies and companies experiencing liquidity problems in all sectors and in all global markets. The services offered include:

   • Turnaround: Examines the root cause of underperformance and formulates a solution through operational and/or financial restructuring
   • Stabilisation: Provides hands-on assistance in cases where the survival of a company is threatened
   • Liquidity investigations and workouts: Assesses the cause and extent of the liquidity problems of a company to enable its lenders to make decisions regarding their current and future lending strategies
   • Management assessment: Identifies the key weaknesses and gaps in the management of an underperforming company
   • Pre-lending review: Provides an independent opinion on the ability of a customer to service new debt
   • Security reviews: Provides an independent assessment of assets or businesses offered as collateral.

   Client Benefits

   • Uses a professional services team with a strong track record for success
   • Focuses on long-term survival
   • Enhances stakeholder value

   Target Profile

   • Companies in financial difficulty that need assistance in reorganising their affairs
   • Bankers and other financial institutions that have concerns about the financial health of a company
   • Parent companies that require assistance with underperforming subsidiaries
   • Government departments wanting to restructure specific industry sectors.
2. Insolvency Services

   Corporate Recovery provides advice and assistance to insolvent companies, their creditors and other stakeholders. Where local legislation permits, our insolvency practitioners undertake formal insolvency appointments, including:

   • Acting on behalf of a secured lender and realising a company’s assets in order to recover a debt due
   • Acting for a troubled company in accordance with protective orders to facilitate the survival of the company
   • Winding-up the affairs of an insolvent company.

   Client Benefits

   • Access to exceptional functional and industry experience
   • Outstanding reputation for implementation on global engagements

   Target Profile

   • Companies that require advice on understanding and implementing insolvency procedures
   • Creditors who require assistance in debt recovery through means of insolvency procedures

   Sales Cycles

   The sales cycle varies depending on the project.