Expertise

Turnaround & restructuring

As trusted partners, we offer you professional and results-oriented advice in times of crisis.

Key areas of our consulting services include:

  • Assessment of turnaround potential
  • Development of restructuring programmes
  • Turnaround reports in accordance with IDW S6
  • Staff reduction programmes
  • Capital increases, provision of security, structuring of subordination agreements
  • Obligations to file for insolvency
  • Asset protection (Asset Protection)
  • Going concern projections
  • Continuity projections
  • Refinancing
  • Ongoing tax support during insolvency proceedings
  • Distressed M&A

Questions raised by our clients include:

  • What measures need to be taken to ensure solvency?
  • Can an insolvency application be avoided?
  • How can creditors be brought on board?
  • What options are available for restructuring the business and restoring profitability?
  • Is the proposed restructuring plan viable?
  • What are the requirements for a going concern forecast?
  • What might a sale of the company look like during the crisis?
  • What options for action do I still have outside of insolvency proceedings?
  • Can insolvency still be avoided?
  • What specific restructuring options are available to me?
  • What risks do the directors face?
  • What specific steps are required to prepare for insolvency proceedings?
  • What options are available for continuing the business during insolvency proceedings?

In difficult situations, we support you in securing liquidity and maintaining your company’s solvency. We analyse the opportunities and risks associated with recovery plans and restructuring measures, and draw up or review recovery plans.

Depending on your company’s situation and the planned restructuring measures, we also take into account the provisions of insolvency, employment, company, commercial and tax law in our advice. We assess the legal consequences and ensure they are coordinated.

The building blocks of successful reorganisation and restructuring are a clear and structured approach, excellent legal skills and entrepreneurial thinking. We understand business models, grasp the interrelationships, identify opportunities and address existing obstacles openly and in a spirit of trust. In doing so, we stand alongside our clients as reliable partners acting with sound economic expertise.

Contact persons

The right contacts are always by your side.

Dr. Fabian Riegler
Dr. Fabian RieglerChartered Accountant, Tax consultant, Partner
Dr. Joachim Wüst
Dr. Joachim WüstLawyer, Tax consultant, Specialist lawyer for tax law, Associate Partner

Contact

Pelka und Sozien GmbHRechtsanwaltsgesellschaftSteuerberatungsgesellschaftKaiser-Wilhelm-Ring 3 – 550672 Köln