At Cordes & Company, our financial and management professionals provide prompt and expert support for businesses and real estate in transition, litigation and distress – as well as their local, regional and national lenders.
One of our primary practice areas is Turnaround and Restructuring.
The goal for both debtors and creditors in such difficult circumstances is to avoid bankruptcy or foreclosure and the accompanying court-supervised actions.
When working with debtors, our professionals help management reassure creditors and investors by stabilizing a company’s financial and operating performance and by developing and implementing comprehensive plans for profitability. Many of our professionals served as successful senior executives at private and public companies.
When working on behalf of creditors, our professionals provide objective information to guide a creditor’s decision-making process. We analyze a debtor’s financial status, analyze the quality or value of the loan collateral, develop re-capitalization or re-structuring strategies, suggest loan work-out approaches, and provide an independent assessment of the ongoing implementation of agreed-upon actions.
Turnaround and Restructuring Services: