Restructuring and Special Situations
Whether they occur due to structural or economic issues, business downturns and failures are inevitable. TrueNorth has substantial experience in providing restructuring services to clients experiencing financial and/or operational adversity.
Often, a special situation client is in danger of precipitous decline if urgent liquidity and other financial and operating issues are not quickly addressed. These complex, fast-moving transactions usually necessitate a rapid assimilation of substantial data, identification of optimal path and expertise in either raising capital and/or effecting a sell-side
transaction.
Restructurings require a specialized skill-set, including an in-depth understandings of bankruptcy laws and security interests. For example, TrueNorth is experienced in advising clients on pre-packaged Chapter 11 bankruptcies, Section 363 sales in bankruptcy, Article 9 transactions, and negotiation of composition agreements outside of Chapter 11.
In addition to working with distressed and special-situation clients, our restructuring specialists have extensive experience in providing creditor & debtor advisory services and bankruptcy advisory services.