In Court Restructuring
Sometimes companies operating near or in the "zone of insolvency" run out of time and may be forced to turn to a voluntary filing under Chapter 11 of the US Bankruptcy Code. At that moment, the company becomes the â€œdebtor-in-possession,â€ (DIP) and a number of stakeholders gain official standing to search for alternatives before a federal judge in an elaborate process. If successful, a corporate recovery may find the "highest and best" alternative to maximize the recovery to senior lenders, unsecured creditors, and other stakeholders in ways that can preserve the enterprise, jobs, customer relationships, vendor relationships. On rare occasions this process can produce the recovery of original equity. BDO Capital has seasoned veterans to lead a debtor through this complicated and uncertain process, and we bring the skills and expertise to find a way to a reorganization that works for the various stakeholders.
BDO Capital's professionals are regularly ranked in the top ten investment bankers per active engagements according to The Deal.