Turnaround & Restructuring Advisory

RPA professionals provide a unique balance of financial and operational expertise critical to meeting the needs of our clients. Further, RPA professionals possess direct experience operating companies and serving in various board roles.

Value Maximizing Opportunities

  • Restructure existing debt
  • Source third party equity or debt funding
  • Negotiate with interested parties to obtain appropriate share of recovery
  • Advise on a merger or sale of the company

Liquidity Forecast/Cash Management

  • Review and monitor the company’s near-term cash flow forecast
  • Assess current liquidity position to ensure efficient use of cash
  • Apply appropriate sensitivity analyses related to factors which may create liquidity pressures

Business Performance Analysis

  • Accounts receivable
  • Accounts payable
  • Inventory
  • Collateral base components
  • Financial ratios

Debt Capacity

  • Design and review possible structural alternatives involving new securities, terms, maturities and covenants
  • Assess go-forward cash flow available for debt service
  • Develop and negotiate appropriate covenant package
  • Review of all terms and collateral provisions in classes of securities

Bankruptcy Filing

  • Develop and negotiate the business terms for a plan of reorganization
  • Assess liquidity needs under various scenarios
  • Negotiate appropriate terms for use of cash collateral
  • Negotiate debtor-in-possession, bridge and exit financing
  • Arrange exit financing through pre-existing lenders, rights offerings or equity
  • Manage the diligence process for potential financing parties and lender advisors
  • Assist in the solicitation for approval of the plan by the different classes of creditors
  • Oversee the administration of the wind down of the estate and distribution of remaining assets to stakeholders