In response to difficult market conditions and continued pressure from institutional investors, corporate restructuring seeks to maximise shareholder value through the re-arrangement of the equity ownership and debt obligations of parent companies and their subsidiaries. The processes described in this course allow a company to release cash, revert to core competencies, improve profits and, where publicly quoted, to enhance a stockmarket following.
If, however, it appears that a company is sliding towards insolvency, its directors and advisers will benefit from a clear understanding of the options available for companies in financial distress so that appropriate action can be taken while there is still time to make a difference.