providing directors with important ‘safe harbour’ support that enables clear conversations with creditors and the presentation of restructuring plans that work.
Olvera works with organisations to successfully navigate through situations of distress
Our restructuring plans are supported by our SICS™ programme:
- Details the company’s current financial situation, setting out the base case;
- Outlines the desired future state of the company and the step by step programme to achieve the future state;
- Determines the proposed course of action, including measures for the ongoing assessment of the plan; and
- Forecasts a successful implementation of the intended course of action against an external administration scenario.
Remember, to give yourself the best chance of relying on the protection in a situation of corporate distress it is important to act as soon as possible.