Corporate Restructuring

Upheaval in the credit markets, real estate devaluation, commodity inflation, looming default rates, and deterioration of our nation’s infrastructure all require companies to take new steps to stem creditor and shareholder losses and improve recovery values.

The Claro Group's Corporate Restructuring professionals bring strategic, proven solutions to assist companies and their stakeholders (secured lenders, bondholders, unsecured creditors and shareholders) to overcome a variety of issues arising from these trends, including:

• Liquidity problems
• Substantial debt service/over-leverage
• Debt down grades/defaults
• Unforeseen market forces
• Shrinking gross profit and EBITDA margins
• Increasing litigation claims and contingencies
• Poor management decisions and lack of proper implementation
• Ineffective post-merger integration
• Recapitalization

An approach focused on maximizing recovery.

Our team of experienced Corporate Restructuring professionals has helped companies and their stakeholders drive long-term positive results across diverse industries using cost efficient methods. We are efficient and flexible in our approach and align our work to our clients’ interests and needs. Our services include:

• Identifying strategic restructuring alternatives
• Designing and implementing crisis management and turnaround strategies, including cost reductions through improved procurement
• Implementing liquidity and working capital enhancement strategies
• Maximizing recoveries from 3rd parties, including insurers
• Enhancing top line revenue growth
• Developing business plans, financial projections and 13-week cash flows
• Developing and implementing bankruptcy plans
• Sourcing and negotiating new financing or debtor-in-possession financing
• Estimating value of specific assets or assessing going concern and liquidation valuations
• Conducting and/or overseeing 363 asset sales
• Negotiating settlements with parties-in-interest
• Developing and negotiating Plans of Reorganization and Liquidation designed to maximize recovery to creditors in Chapter 11 or Chapter 7 situations

The Claro Group’s holistic approach considers the key drivers of success: strategy, people, processes, and market positioning. This broad focus enables us to quickly and accurately identify key issues, stabilize operations, implement change, and generate consensus among various stakeholders—with the end result of maximizing value and increasing recovery in distressed and underperforming situations.

Please contact us for more information about The Claro Group's corporate restructuring practice.