Comprehensive Supervision of a Machine and Equipment Manufacturer’s Restructuring Process
Project description
A long-standing and very successful manufacturer of machines and equipment found its existence threatened as a result of two incorrectly calculated and poorly executed major projects abroad. To protect the company in this critical situation, we needed to initiate and implement effective measures as quickly as possible.
Our services
Creating a short-term liquidity plan
Preparing a protection shielding method (as a back-up procedure; it was not implemented)
Creating a reorganisation report according to the rulings of the supreme court in Germany
Carrying out negotiations with important customers to prevent impending bankruptcy proceedings
Performing extensive monthly monitoring and measure controlling
Achievements
The measures mentioned and our successful renegotiations with the “problematic customers” solved the liquidity problem and guaranteed long-term financing for the corporate group.
