Full service: Restructuring and optimized corporate financing as a way out of the crisis

Reliable and fast analysis of your imminent challenges

In order to plan, initiate and implement the necessary steps in a distress, we analyze for you very precisely how the situation and the
insufficient cash flow occurred. The reasons that can lead to financing problems are manifold: they range from rising interest rates and extraordinary operational challenges, for example in the supply chain, to declining sales or falling investment values, to back taxes or payment defaults due to insolvent customers. With our DELTA approach, we define causes and solutions for you quickly, reliably and, above all, in a way that is easy to understand.

Insufficient cash flow might lead to insolvency and bankruptcy

Insufficient cash flow may quickly lead to a breach of financial covenant requirements in existing financing agreements (financial covenant breach). In the case of SPV financing, an insufficient (re)valuation of the financed properties, projects or other plans may have the same effect as insufficient cash flow.

At an advanced stage of the financial crisis, the company may no longer be able to pay interest and/or to arrange for loan payments/bond repayments in due time. Ultimately, both scenarios may either require the contribution of additional equity or – if such equity cannot be procured – may result in the relevant financing becoming due and payable. In such case, liquidity is jeopardized, and the company might be forced to file for insolvency.

Full service of tax advisors, lawyers, restructuring advisors and financing specialists

Depending on the financing debtor’s, industries or owner’s specifications and the type of the relevant financing, our tax advisors, lawyers, restructuring advisors and financing specialists will compile an integrated set of solutions perfectly tailored to your individual needs to maintain your company’s, investments or financing’s value. In this context, we will consider all aspects of financing, corporate and restructuring law as well as tax structuring and operational restructuring to form a solid basis for our further approach.

Our Debt Advisory and Transactions Competence Centers, together with our industry experts specializing in automotive, retail, real estate and financial services, complete our service package in order to ensure that we are fully prepared for all restructuring options.

Solutions for businesses, borrowers and PE investors

We support your company and you as a PE investor in (re-)establishing financing requirements, liquidity management and access to
relevant capital markets. We prepare going concern forecasts, develop alternative financing models and effective strategies to avoid, hedge and explain personal liability risks.

Additional solutions for investors: from nonperforming loans (NPL) to exit scenarios

In addition, we develop optimal solutions for non-performing loans (NPL) for capital providers, provide support in securing investments and in fundraising, enforcements, guarantees and sureties, as well as strategies for developing suitable exit scenarios.

Strategy, structuring, optimization

Baker Tilly DELTA: that is your team of experienced lawyers, tax advisors and restructuring specialists, who will jointly develop the solution to every crisis with a holistic approach: from the development of the strategy to the restructuring concept and the optimization of the financing to the concrete implementation.