Adapting to changing market circumstances is a perpetual challenge for companies aspiring to maintain or reestablish their competitiveness. This applies not only to preventing acute, existential company crises, but also to optimizing structures or enhancing available potential. In Recovery & Reorganization, we offer you the best answers for companies, banks, shareholders and investors.

The following article by Wolfgang Kaltenegger examines the possibilities of Recovery & Reorganization in the light of the Corona crisis:

R&R in the light of COVID-19

This article provides an overview of the draft law on restructuring:

Restructuring in Austria

Our services include:

Reorganization and continuation forecasts

Investors and other stakeholders need comprehensive company analyses to assess the chances of restructuring. Based on their company data, we assess reorganisation plans and prepare going-concern forecasts. In doing so, we intensively analyse the initial situation, the competitive environment and the causes of the crisis and help you to develop tailor-made concepts and forecasts. Of course, we also offer partial aspects, such as plausibility checks of integrated business plans (business reviews) or market analyses.

 

Operational reorganization and restructuring and strategic realignment

Successful restructuring requires a holistic approach: from short-term crisis management to medium and long-term performance improvement. To ensure your restructuring success, we support you in implementing the appropriate concepts and measures.

 

Management Coaching

There are numerous situations in which management coaching can help a company achieve its goals. Some companies today also implement a CRO (Chief Restructuring Officer), which is becoming more and more important in restructuring practice. The CRO is an expert who implements a restructuring concept. We are also available to him for a coaching approach.

 

Insolvency-related advice and support in court proceedings with insolvency law background

Our services range from the assessment of restructuring alternatives and the preparation of going-concern prognosis in accordance with §66IO, §67IO, URG key figures and insolvency plans to the support of M&A processes.

 

Financial Turn Around and Valuation Services

The development or assessment of financing concepts as well as the support of refinancing negotiations with investors and suppliers are further components of our portfolio. In addition, we develop measures to release liquid funds to strengthen the liquidity position. Furthermore, together with our experts from the Valuation Services department, we prepare fairness opinions in connection with financial restructuring measures or the sale of parts of companies and provide valuation and auditing services in connection with debt equity swaps.

 

Due Diligence investigations

We also apply our expertise in the analysis of business plans and in insolvency law and operational issues to due diligence investigations. For example, we provide support in the context of the acquisition of a company that has got into difficulties up to insolvent companies or in the context of a planned investment in young growth companies (start-ups). A due diligence sometimes also requires a comprehensive assessment of the production system, the technology and the associated processes, transparency in corporate structures, assessment of the operating performance and the identification of risks and development opportunities.

 

Determination of options for action/exit strategies

Within group structures, regular portfolio adjustments are necessary with regard to subsidiaries with below-average performance. In order to avoid permanent liquidity outflows and the tying up of management capacity, we support companies in developing options for action with regard to portfolio adjustments and calculate possible exit scenarios.