RESTRUCTURING ADVISORY

As a result of the financial crisis, more and more companies must contend with liquidity constraints and tighter financing conditions : inability to obtain new credits, covenant breaches, cancellation of financing lines, etc. Its knowledge of the various parties involved in those situations, its practical experience, its understanding of the relevant legislation and procedures, and its financial expertise enable Ricol Lasteyrie to successfully complete financial restructuring assignments.

Ricol Lasteyrie supports distressed companies to help them in the turnaround of their business and advises shareholders in view of safeguarding the value of their assets. Ricol Lasteyrie’s know how enables it to :

	Establish a detailed diagnosis of the situation
	Define a sound and realistic restructuring plan
	Negotiate with creditors
	Implement the restructuring plan, including finding investors when disposing of assets or raising new equity is required.

Ricol Lasteyrie assists investors whiting to acquire a distressed company or part of its assets. Ricol Lasteyrie can :

	Appraise the situation of the company, its turnaround potential and its financing requirements
	Suggest the best possible strategy to acquire the business at various legal stages of the process
	Assist the buyer in the negotiationsavec les créanciers
	Assist the buyer after the acquisition to successfully manage the turnaround.

Recent assignments