Business restructuring and recovery

Whether your organization’s distress was triggered internally or by marketplace dynamics, Plante Moran’s recovery experts can help you evaluate your challenges and chart your course forward. They can give you unbiased opinions because they are experienced in liquidity positions, operating efficiency, turnaround and restructuring plans, and exit strategies.You can depend on them for depth and breadth of experience in management, finance, accounting, and operations to help you choose the right outcome for you and your stakeholders.

Cash flow projections and liquidity management

Cash flow is important to all organizations, but particularly important to organizations under stress.Cash flow forecasts prepared by our experienced performance improvement consultants will help you anticipate severe cash flow problems, enable you to take appropriate operating actions, and help you communicate effectively with key stakeholders during times of distress. In addition to helping you optimize your working capital, our professionals have years of experience effectively restructuring lending agreements and can call on a broad referral network of funding sources to solicit fresh capital where appropriate.

Stakeholder communication

Ultimately, customers, suppliers, lenders, employees, and investors need confidence in your business. A turnaround plan can be derailed if stakeholders do not buy into the plan or are not kept appropriately informed. Our consultants will help you develop and implement a communication strategy that fosters trust among your stakeholders.

Reorganization strategies

When the only strategy that will preserve value is a managedwind-down, bankruptcy, or a sale of the enterprise, our consultants will help you model potential outcomes and optimize recoveries. Our restructuring and recovery experts are available to serve in the following areas:

• Lender negotiation & debt restructuring 
• Operational restructuring
• Enterprise valuation
• Sale of part or all of the business
• Liquidation analysis
• Forensic accounting
• Appointing a receiver/chief restructuring officer
• Debtor representation
• Creditor representation
• Trustee representation

Our consultants provide knowledge-able, practical, and actionable solutions in these difficult situations. They help resolve the competing claims ofthe enterprise, secured creditors, unsecured creditors, and investors.