Restructuring

Restructuring decisions are often made under pressure and scrutinised long after the event.

We guide boards, founders and investors through the complexities of corporate restructuring where financial pressure, stakeholder tensions and long-term consequences intersect.

Restructuring rarely stops at the financials. It is often triggered by balance sheet pressure, operational strain or a shift in strategy or regulation, but its consequences extend well beyond capital structure.

In these moments, control, stakeholder alignment and decision-making are tested alongside financial viability. Leaders can find themselves managing competing stakeholder expectations, compressed decision cycles, uncertainty around approvals and the risk that choices made will be examined by creditors, regulators, investors or courts, sometimes long after the event.

Our role is to help decision-makers navigate restructuring with clarity and discipline, ensuring both the outcome and process are sound, defensible and align with long term objectives.

Scope of Advisory

  • Advising on restructuring pathways.

    • Assessment of strategic options including recapitalisation, refinancing, divestments and managed exits

    • Identifying liquidity, capital structure and balance sheet constraints

    • Restructuring debt, equity or stakeholder arrangements to stabilise the position

    • Sequencing restructuring steps to preserve optionality and manage downside risk

    • Advising on informal and pre-formal restructuring pathways

    • Preparing for new money processes, diligence readiness and engagement

    • Coordinating legal workstreams for restructures, recapitalisations, asset transfers or strategic transactions

  • Supporting boards where restructuring affects control, authority and oversight.

    • Stakeholder mapping and navigating competing interests between shareholders, creditors and management

    • Advising boards and decision-makers where control, leverage or influence is shifting

    • Aligning stakeholders around viable restructuring paths

    • Negotiation strategy and multi-party processes

    • Managing tension between short-term pressure and long-term outcomes

    • Regulatory and market communications and disclosure protocols

  • Advisory where decisions may be examined by creditors, regulators or courts.

    • Director duties and personal exposure in restructuring contexts

    • Identifying and mitigating legal, commercial and execution risks

    • Mapping and managing approvals, lender consents, regulatory filings and contractual constraints

    • Ensuring decisions are reasoned, documented and defensible over time

    • Aligning restructuring steps with value restoration objectives and stakeholder expectations

When we are engaged

Financial or operational stress is emerging
Deteriorating performance, liquidity pressures, debt covenants and maturity profiles are constraining growth and impairing flexibility.

Existing structures no longer hold
Capital structures are stretched or mismatched, requiring recapitalisation to align funding with transformation initiatives, evolving business priorities and risk profile.

Stakeholder interests are misaligned
Tension exists between shareholders and lenders, complicating refinancing options.

Capital re-alignment
There is a need to convert overleveraged debt into equity to reduce financial risk, improve balance sheet resilience and restore the company’s viability.

How we advise

We advise through direct engagement with boards and senior decision-makers when restructuring decisions may need to be made under financial and stakeholder pressure.

Our focus is on clarifying constraints, testing restructuring options and supporting decisions that balance urgency with long-term defensibility.

Matters are led personally and scoped deliberately, working alongside boards, founders, investors and executives to navigate restructuring pathways where outcomes, control and risk allocation must withstand scrutiny beyond the immediate decision.

Discuss your situation with us

If you are facing financial pressure or considering restructuring options, we welcome an initial conversation to understand the context, clarify constraints and discuss appropriate next steps.