Quick and decisive action can resuscitate a financially distressed company, improve creditor confidence, and provide a foundation to move forward. Pious brings together a multidisciplinary team that works alongside management. With a focus on running the business, we concentrate on restructuring operations, preserving asset value, and rebuilding stakeholder confidence. And, if bankruptcy proceedings are required, we maximize value for all constituencies.
Corporate Restructuring
Companies faced with cash flow pressures are compelled to implement operational changes fast. We at Pious bring both company and creditor perspective to each situation. This enables us to evaluate restructuring alternatives and create workout and turnaround plans that are acceptable for all parties. We are adept across the spectrum of restructuring from negotiating loan covenant waivers, to cost and operational analysis, and valuation services.
Pre-Bankruptcy and Reorganization
Being on the cusp of bankruptcy is stressful and can affect your frame of reference in negotiation. We at Pious prepare documentation and negotiate on your behalf with debtors, credits, and other stakeholders during restructuring with a goal of maximizing outcomes in your favour. Our work may require financial modelling to determine the pre-bankruptcy liquidity, EBITDA, cash flow forecasts and collateral value of your business. Our team includes legal experts who can support you in bankruptcy and other court proceedings.