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Turnaround & Restructuring

FTI Consulting is a market leader in automotive restructuring assignments as we have been involved in numerous recent, relevant successes in high-profile, complex automotive situations. We represent companies, private equity, and secured and unsecured creditors, as well as other stakeholders in both in-court and out-of-court restructurings and turnarounds.

We provide a full range of turnaround and restructuring services. They include:

Cash Management & Projections

  • Design and implement comprehensive and consolidated spending controls
  • Analyze cash flows, collection and liquidity
  • Project short-term cash flows and identify liquidity needs
  • Assist management in collecting receivables and prioritizing expenses to pay
  • Report on compliance with cash flow and operational budgets

Retention, Compensation & Severance Programs

  • Advise on appropriate programs as they relate to business strategy
  • Evaluate automotive industry conditions and assess use of options in historical compensation programs and

Capital Structure & Liquidity

  • Raise additional financing/waive covenants
  • Assist in negotiations with existing lenders and trade community
  • Work with management in determining appropriate capital structure
  • Identify capital restructuring tax issues, opportunities and exposures

Bankruptcy Pre-planning/Administration

  • Manage claims process, including reclamations
  • Prepare statements and schedules
  • Analyze possible preferences
  • Develop public relations/employee communications strategies
  • Set up accounting/cash management procedures
More Info

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