Out-of Court Restructuring
Our preferred path by far is to get involved with a special situation well before the enterprise reaches a critical junction point. Time is a significant variable in order to give operating management and the board of directors the highest number of viable alternatives to restructure the enterprise or recapitalize the balance sheet. A perspective transaction may include a recapitalization with a different kind of lender, or a "story" M&A process that leads to fresh capital or a change in control. The out-of-court solution is almost always preferred and generally the most efficient way to restructure a special situation, and BDO Consulting and BDO Consulting Corporate Advisors, LLC Â may bring critical resources into the assignment.
Before the Board of Directors considers that corporate resolution authorizing a bankruptcy filing, get BDO on your team.
