MAY 28, 2020
RESTRUCTURING DISTRESSED ASSETS
Coronavirus (COVID-19) has impacted the U.K. economy resulting in the increased likelihood of certain businesses entering into a form of restructuring. Partner James Webber will explore the different stages some companies may go through and offer practical advice:
- Initially, companies may need to balance their existing financing with negotiating a debt restructuring proposal
- Putting together a restructuring proposal – what are the key factors and options?
- Factoring in COVID-19 specific government support – pros and cons of the different types of support
- Operating within a new financing package – managing new obligations