restructuring adviser

One of the messages that restructuring advisers tell their clients is to file early.

Apax has already written down the company's value to just 10pc of its original price and restructuring advisers have been brought in.

The same may prove true for retailers now in Chapter 11 proceedings, restructuring advisers warn.

We will work with restructuring advisers to provide them with a source of liquidity' for their client companies.

While known for its work as a restructuring adviser, the company has diversified its revenue stream over recent years.

Financial restructuring advisers need a strong, technical understanding of company capital structures, the financing product range and the regulatory regime.

Restructuring advisers and accountants are expecting the spike as banks decline to roll over loans for yet another year.

The worst of times for the economy are often the best of times for restructuring advisers.

"If you want to minimise your provisions, you can get situations where companies aren't properly fixed," said a leading restructuring adviser.

Facing this tsunami are insolvency practitioners, financial restructuring advisers, turnaround specialists and lawyers.

It hired Huron Consulting Group as its restructuring adviser.

And on Tuesday Merrill Lynch & Company withdrew as a restructuring adviser.

The chain had previously called in restructuring advisers Osborne Clarke while trying to improve rental terms for the outlets.

The bookseller is reportedly in discussions with restructuring advisers about how to rework its debt-heavy balance sheet.

Analysts predict that a slowing economy, together with broken down credit markets, will create a bumper crop of work for Wall Street restructuring advisers.

But the ruling has already rattled many lawyers, restructuring advisers and fund managers, who argue it could make sovereign debt workouts tougher in the future.

Lazard's relative financial strength and stability has also made it a magnet for senior investment bankers, restructuring advisers and fund managers.

Dewey has outstanding bank and bond debt totaling approximately $230 million, according to Bill Brandt, a restructuring adviser retained by the firm.

McCarthy & Stone, Britain's biggest builder of retirement homes, is among those partially-restructured, a leading restructuring adviser said.

It has spent about $2.08 billion on fees and expenses for restructuring advisers, law firms and other professional counsel since the bankruptcy began, court filings showed.

The APA, which has a team of 25, also has the power to consult external restructuring advisers at a the bank's expense.

The judge also said he would approve the debtors' request to hire Huron Consulting Group as a restructuring adviser.

In March, the publisher hired restructuring advisers and drew down a revolving credit facility of $430 million to ensure that its businesses have the cash they need.

Arcandor’s chief restructuring adviser, Horst Piepenburg, quit late Thursday, accusing Sal.

The hiring of outside legal and restructuring advisers by GM was first reported by the Wall Street Journal.