Distressed Situations

Porter White & Company solves a wide variety of financial challenges

We offer a full range of advisory services for stakeholders of companies in special situations, including cases of significant financial distress, corporate restructurings, or bankruptcy-related proceedings. Our professionals are experienced in advising businesses, secured lenders, investors and committees when a company is experiencing extraordinary operational or financial challenges.

 

In cases of severe financial distress, it is important to quickly assess and understand the problems and potential solutions to maintain the flexibility and maximize the opportunities to preserve enterprise value, which often occurs under difficult and contested circumstances. With a commitment to offer actionable solutions for our clients, PW&Co professionals maintain significant technical and analytical expertise, allowing them to provide credible and valuable advice on these complex matters.

 

We have earned a reputation for providing objective, unbiased guidance to the operating, strategic and capital needs of our clients. Through our understanding of capital structures and markets, we can raise capital from traditional and non-traditional sources to meet the unique needs of each individual client. We have experience completing divestiture and merger transactions of distressed companies, both in- and out- of bankruptcy proceedings.

Porter White & Company have assessed the financial potential, then rely on their market knowledge to assess what are the feasible sources of capital

Debtor Advisory

We routinely advise debtors in and out of formal bankruptcy and works in conjunction with all company stakeholders to develop and implement a viable restructuring plan.

Debtor advisory includes:

  • Advising stakeholders in turnaround situations
  • Evaluation of business plans and strategic alternatives
  • Development of short-term cash flow and liquidity projections
  • Assessment of capital structure and debt capacity
  • Creditor negotiations
  • Refinancing existing indebtedness
  • Restructuring existing equity and sourcing new capital
  • Distressed sale transactions
  • Prepackaged/prearranged chapter 11 reorganizations
  • Traditional chapter 11 reorganizations
  • Arranging debtor-in-possession and exit financingv
  • Section 363 bankruptcy sales
  • Providing valuation, solvency and fairness opinions
  • Expert testimony
  • Interim executive and financial management
Porter White & Company have assessed the financial potential, then rely on their market knowledge to assess what are the feasible sources of capital

Creditor Advisory

Our professionals have experience advising all creditor classes in a financially distressed situation, with the common goal of protecting our client’s interests and maximizing their returns.

Creditor advisory includes:

  • Assessment of financial reporting and budgeting results
  • Evaluation of financial projections and reorganization plans
  • Negotiations with debtors
  • Inter-creditor negotiations
  • Development of reorganization plans
  • Providing valuation, solvency and fairness opinions
  • Expert testimony
  • Receivership, Liquidating Trustee and Collateral Agent Appointment

Distressed Situation Insights

Insights for Companies in Distress

Forward-looking financial statements are associated with many significant financial transactions. Credible financial projections are particularly important when a business encounters...

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