Typical MGBD Advisory Approach for Creditors

As soon as a company’s crisis is detected, a secured creditor or unsecured creditor benefits from outside, objective assistance:

Conduct due diligence and assess viability, including industry analysis, market position, economic model and management processes. Identify strategic alternatives to expedite an exit strategy while maximizing creditor recoveries.   Establish a monitoring process for financial and operating results. Communicate scope and extent of progress on a regular basis. Recommend alternative courses of action, as necessary.     Reach consensus on objectives and strategic direction. Develop creditor repayment and restructuring plan.