Restructuring & Special Situations

FORVIS helps business leaders see their challenges through different & familiar perspectives.

To a large degree, problems are defined by one’s perspective. Stated another way, the same challenge viewed from many different angles has multiple facets. When viewed from a place of familiarity, with the benefit of experience, solutions are identified much more readily and actions can be taken quicker, with greater confidence and more impactful results. It is often as important to know what not to do as it is to know what to do.

Our professionals, including Certified Insolvency and Restructuring Advisors (CIRA), provide a different perspective by helping to identify specific problems that are challenging your business. We work with you to help develop practical solutions and prepare and implement a plan that coordinates the strategic, operating, and financial elements of recovery, reorganization, and restructuring.

Turnaround, Restructuring, & Business Transition

We can help you identify specific issues challenging your business. From preparing and guiding the execution of a holistic turnaround plan to business restructuring, we can help from beginning to end.

Our experienced advisors can leverage their strategic, financial, and operational expertise to offer solutions and develop strategies to achieve stability and then a path forward. Our services include:

Turnaround & Recovery
Reorganization & Restructuring the Business
Refinancing & Recapitalization
Transition Planning & Management
Mergers, Sales, & Acquisitions
Breakups & Buyouts
Support to Business Succession

Strategic Assessments & Consultation

The stresses and pressures of a crisis which a business may experience due to debt-related concerns, financial underperformance, or operational and business issues can be overwhelming. We can help you develop and implement strategic and innovative solutions aimed at helping you stop erosion and increase enterprise value.

Our responsive team works with you to understand the needs of your constituencies and parties-in-interest to help you make informed and coordinated business decisions for an effective implementation and successful outcome. Our services include:

Assessing Financial Strengths, Strategies, & Viability
Evaluating & Prioritizing Alternatives
Turning Strategic Plans into Measurable & Actionable Initiatives
Operational Assessments & Measurements
Cash Planning & Budgeting
Financing & Capitalization

Bankruptcy & Creditor Workouts

There are options available to businesses affected by the disruption in the changing economy. We can assist with cash flow and insolvency matters and have the necessary expertise to help protect our clients’ interests.

Representing debtors and creditors, our experienced advisors can help you navigate challenges and strategize a path for a successful outcome. Our services include:

Business Viability Assessments
Evaluation of Plan Feasibility
Strategic Business Assessments
Cash Flow & Collateral Planning, Projecting, & Management
Formal & Informal Proceeding Advisory Support & Testimony
Facilitated Agreements for Forbearance or Use of Cash & Other Collateral
Comprehensive Financial Statement Projections
Special Reporting to Parties-in-Interest
Development of Plans for Reorganization & Debt Restructuring
Secured Creditor & Committee Representations
Refinancing, DIP, & Exit Financing
Closing Operations & Liquidation Analysis, Planning, Execution, & Recovery
Roles as Chief Restructuring Officer
Receiverships & Trustee Appointments

Resource for Senior Management & Directors

Making decisions in complex, difficult, and sensitive areas requires experienced and objective advisors. We can assess your challenges to help identify actionable opportunities and provide a new perspective.

Our experienced advisors can leverage their strategic, financial, and operational expertise to offer solutions to your specific needs. Our services include: