Case StudyCorporate Finance and Restructuring Services
A Claro professional was appointed Chief Restructuring Officer of this exploration and production company operating primarily in the Gulf of Mexico. Claro was also retained as Financial Advisor to the company. CRO services included reviewing strategic turnaround options, negotiating payment and security agreements with secured lenders and vendors, and exploring alternative financing arrangements. FA services included developing cash flow forecasts, cash management and reporting, and analyzing feasibility of various turnaround options.