Restructuring and Turnaround Financing

When covenants are breached and liquidity dries up, every hour counts. We prepare IDW S 11-compliant liquidity analyses, accurately assess the risk of insolvency, and structure immediate standstill agreements. At the same time, we develop bridge financing that makes operational restructuring possible in the first place. In complex cases, we use pre-insolvency tools such as the StaRUG—proven in the landmark Leoni restructuring plan—to secure majorities and limit value losses. From waiver applications and the release of collateral to engaging transformative investors, we orchestrate the entire process, creating time, stability, and fresh growth capital. The result: a controlled avoidance of insolvency, the restoration of stakeholder confidence, and a financing framework that can withstand future crises.