Restructuring and Turnaround

Businesses are in a constant state of flux, driven by the pursuit of economic success. Yet, in the highs and lows of the corporate lifecycle, crises often rank among the greatest challenges. An objective assessment of the causes of a crisis—along with an evaluation of potential responses—can support critical business decisions to overcome these difficulties.

Our team assists medium-sized enterprises, large corporations, and financial institutions by offering pragmatic, efficient solutions to help restore a company’s economic foundations and leverage available legal options. In times of crisis, we stand by your side as a knowledgeable partner, providing in-depth expertise and custom-tailored advice that goes beyond traditional legal counsel, prioritizing practical solutions and drawing on an interdisciplinary network of professionals.

Our approach combines legal know-how with a strong understanding of operational and financial contexts. We draw on many years of experience and a track record of successful turnaround and restructuring projects across diverse industries. By working closely with specialists in management consulting, auditing, and tax advisory, as well as utilizing available financing solutions, we develop bespoke concepts to address your specific situation. Throughout this process, our primary focus remains on restoring operational performance and ensuring liquidity to maintain solvency. Our ultimate goal is to achieve lasting stability.

We devise forward-looking restructuring strategies, guide management teams through key decisions, and support companies effectively at each stage of the crisis.

Our restructuring advisors develop tailored concepts designed to restore your company’s performance and ensure its long-term viability. In most cases, once a crisis is identified, your financing partners will expect management to promptly evaluate the situation and present suitable measures to overcome the crisis. This process is often accompanied by documentation requirements—particularly from banks and trade credit insurers—that are crucial for providing the necessary support in challenging situations.

If an Independent Business Review (IBR) or a formal restructuring assessment is requested, we handle all preparations, documentation, and coordination with your partners, allowing you to focus on the operational measures your company needs most.

In times of crisis, managing liquidity is crucial. We support you in negotiations with suppliers, credit insurers, and other creditors, provide guidance during mediation with banks and financing partners, and assist in applying for government-backed guarantees. Our longstanding relationships with financing partners give you a decisive advantage.

In addition to financial restructuring, we also focus on operational efficiency and the sustainable transformation of business models. This encompasses optimizing cost and revenue structures as well as implementing strategic measures to improve income streams. We advise managing directors and executive boards on challenging decisions and can, upon request, actively support your management team in executive roles, such as serving as a Chief Restructuring Officer (CRO).