Corporate Recovery
Complex Issues, Integrated Solutions
At Baker Tilly Ryan Glennon, we take a positive attitude to the challenges from both financial institutions and companies who want us to examine the current situation and provide practical and workable solutions.
In the current climate, businesses can be under pressure because of: cash starvation, loss of key customer accounts, key staff moving away, pressure on margins and lower sales, under capitalisation and sometimes failure to adapt to changing market conditions.
In addition we are often invited to carry out Forensic Investigations into Public and large organisations on behalf of Government or State Bodies in potential fraud or pre restructuring situations.
The key questions for our team are: 1. Is there a reasonable prospect of survival? And 2. Is there a business to be saved?
Our approach to distressed situations is to:
- Take a positive attitude to the situation
- Seek solutions that are practical and workable
- Apply lateral thinking for better outcomes
Our Corporate Restructuring and Recovery team provide a range of solutions that are adaptable for each different situation we find ourselves involved in.
The analysis and assessment of the situation will determine the options available as demonstrated below in “The Crisis Slope”.
Our services are:
| Restructuring: |
- Formal Restructuring: Examinership / Receivership |
| Recovery: | - Voluntary and Court Appointed Liquidations |
| Forensic Investigations: |
- Special projects, fraud investigations, Expert Witness |
Our approach to any situation involves:
| Analysis | - Strategic options - Operational options - Business Plan feasibility - Marketplace assessment |
| Decision/Recommendation | - Having considered all options |
| Communication | - Management - Stakeholders / Financial Institutions - Staff |
| Application | - Implement |
