Thanks to almost 50 years of activities in the restructuring field, we at Schultze & Braun have extensive experience of preparing restructuring reports as required by standard IDW S6. Acting as neutral third parties in accordance with rulings of the German Federal Court of Justice (Bundesgerichtshof), our experts regularly prepare going-concern forecasts and restructuring reports in accordance with IDW S6 as well as other IDW standards, and analyse whether grounds for insolvency are present.
From the outset, our interdisciplinary team of consultants, auditors, tax advisors and lawyers will work hand in hand with you and your management team to achieve the best possible outcome for your company. With our decades of experience in reorganisation and insolvency law, we are familiar with all of the restructuring options that the law offers – from out-of-court settlement agreements, via the preventive restructuring framework provided by the Act on the Stabilisation and Restructuring Framework for Businesses (Gesetz über den Stabilisierungs- und Restrukturierungsrahmen für Unternehmen, StaRUG) right through to self-administration and protective shield proceedings.
We begin by carefully analysing the causes of the challenges your company is facing. We then develop reorganisation strategies suited to your company and its current situation and determine the company’s financial requirements using an integrated liquidity plan. We prepare restructuring plans and concepts and assist you in negotiations with your business partners and financing providers. As a neutral third party, we ensure legal certainty for all parties involved in the restructuring process and identify additional options for reorganisation and negotiation – always in line with this chosen route to recovery.
At Schultze & Braun, we also examine whether illiquidity or overindebtedness are present in accordance with recognised professional standards and prepare a going-concern forecast covering at least the current financial year and the next. Our integrated planning tool has been tried and tested over many years and links earnings, liquidity and balance sheet planning which enables us to precisely determine your company’s financing requirements as well as to make balance sheet forecasts – concerning changes in equity capital and liabilities, for example. We monitor the process and look after liquidity control at frequent intervals. This provides transparency on current developments to all parties quickly so they can respond appropriately.
Acting as a neutral third party, we provide support and monitoring of the restructuring process especially on behalf of lenders and investors. Using specially developed tools, we report regularly to our clients on how the target company is doing and on compliance with reorganisation measures.
How can we support you?