Range of services restructuring & reorganization / crisis management
starkpartners is excellently positioned with its range of services, i.e. the preparation of IDW S6 restructuring concepts, legal advice from our partners and implementation as a full-service provider. We are ideally positioned to bring about realistic and sustainable solutions with all parties involved, even in difficult situations. The prerequisites for this are the creation of a viable communication platform, the restoration of trust between the parties involved, a well-founded and objective business analysis, a positive continuation prognosis and an implementable restructuring concept. The success of these efforts is usually under enormous time pressure, since the scope for action becomes smaller and smaller with increasing crisis intensity and the insolvency law liability risks for the parties involved become ever greater. Here, professional advice and support from a “neutral”, unencumbered moderator, mediator but also designer is absolutely necessary from the very beginning, before fronts and positions harden and porcelain is unnecessarily smashed. Thanks to many years of experience, starkpartners has developed into a renowned partner for restructuring, reorganization and crisis management.
Out-of-court restructuring becomes the central management issue in a corporate crisis. With the model of the crisis cycle, business management also provides an explanatory approach that enables an individual assessment of the current situation. However, this approach does not correspond to the definition of crisis under insolvency law. From the point of view of insolvency law, only the facts of (threatened) insolvency (§17, §18 InsO) and over-indebtedness (§19 InsO) are relevant. Both can already be present in a late phase of the crisis (earnings and liquidity crisis). However, these facts do not necessarily have to be – and they concretize the threat situation. The timely involvement of specialists who are familiar with all aspects of restructuring is an important, often even decisive prerequisite for the successful realization of the restructuring objectives. The core tasks include the preparation and conduct of creditor negotiations and the conclusion of reorganisation agreements with all parties involved, with the aim of short-term crisis resolution and medium-term restructuring.