Restructuring plan guide for the successful restart

If a company needs financial restructuring to avoid insolvency proceedings and is expected to only agree to a majority of the creditors, the use of the preventive restructuring framework (Starug) is considered. However, the prerequisite is that the insolvency only threatens but has not already occurred. Therefore, timely planning of the procedure is crucial. The aim of the procedure is a financial restructuring via a restructuring plan. The advantage of the restructuring plan is its implementation outside of bankruptcy. Its disadvantage is that only the problem of consensus can be solved in the shareholder and creditor. So z. B. not possible to terminate long-term culprit (employment or rental contracts).

Aderhold analyzes the advantage of a restructuring plan and creates, negotiates, negotiates and submits a restructuring plan in the court.

In certain cases, the court can (and must) order a restructuring officer as a neutral person, whom the court assigns certain tasks as required. Aderhold can also take over this function.