Restructuring/
Workouts

Caliber Advisors have a unique set of experiences and extensive business backgrounds that allow a quick and complete understanding of your situation.

Caliber Advisors work with company management, owners, guarantors and other company professionals to develop focused financial objectives and create reality based alternatives for evaluation.

Caliber starts this process with an in depth analysis of the situational facts, developing cash and go-forward performance models to establish a realistic fact pattern for evaluation. This process has a focus of evaluating where the company was and where it currently finds itself. This process establishes or confirms if the situation requires Restructuring of existing agreements or if more extensive issues require more directed Workout approach.

Restructuring existing agreements is accomplished via fact and information presentations to creditors or stakeholders along with directed negotiations. This could be a process of modifying one or several creditors agreements or other documents.

If the situation is combined with operating or business model issues, Caliber Advisors will assist you and your other professionals in developing a bridging plan and tactics (Workout), to move your company to a sustaining business model.

Communication of the issues, defining consequences, making the financial case and presenting solutions to stakeholders are the drivers of this process.

Caliber Advisors strive to reach consensual agreements through active negotiations and written financial presentations. Caliber Advisors assists in developing the negotiating strategy, information flows and if requested will participate in the negotiating process. The preferred alternative is always to avoid litigation in any form including a Chapter 11 re-organization.

In Caliber’s experience Chapter 11 is an expensive and unpredictable process that is not appropriate for all situations. Contrary to the common business understanding this is not a universal solution and it is not a process for the faint of heart, short of cash or those seeking a quick/predictable outcome.

However, in some situations a Chapter 11 can be a very effective strategy to resolve disparate agendas, disputes and to effect major business model changes; (i.e. like assets sales, contractions or business divestitures). Caliber Advisors has significant experience in this arena as a creditor, advisor and as active restructuring officers. This experience can accelerate the time through bankruptcy and assist your company in navigating around the common issues that make the process more difficult.