Overview
If a company gets into financial difficulties - even through no fault of its own - or significantly fails to meet its targets, lenders in Germany require a restructuring concept (also known as a restructuring opinion) for legal reasons; reference is often made here to the IDW S6 standard of the Institute of Auditors or the case law of the Federal Supreme Court. As a professional, neutral opinion, a restructuring concept offers management, suppliers, credit insurers and other stakeholders the best possible protection against contestation and liability risks.
In a restructuring report, a so-called objective assessment of the ability to restructure is derived based on a comprehensive analysis of the company and the measures developed. At the beginning, the causes of the crisis are identified. At the same time, the liquidity situation is analysed and, if necessary, counteracted with appropriate short-term measures. Subsequently, a detailed picture of the assets, financial and earnings situation, performance management as well as the market and competitive position is drawn up. Based on the results, potentials are identified, measures are derived and combined with the integrated corporate planning. The sustainability of the business model is taken into account. The restructuring report not only fulfils the formal requirements of the financiers, but is rather a forward-looking roadmap that builds on the company's initiatives that are already underway, manages them and shows the stakeholders that this is the path to a sustainably profitable future.
Together we define the focal points at the beginning - our goal is to ensure an efficient work process and relevant results. You benefit from our experience and reputation - we know the success factors and interests of the stakeholders involved.