Weathering the Storm Part 9: Detailed Cash Availability Actions Steps

  |  June 4, 2020

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The Covid19 pandemic has introduced a variety of challenges across corporate organizations. Crisis-mode has hit many small and mid-sized businesses. Active management of every invoice, sales order, and payroll must take place to ensure liquidity and maintain viability. Cash-impacting actions should be a part of the daily routine in today’s “new normal” including: Cut non-critical... Read More

Weathering the Storm Part 6: Restructuring Considerations – Debt and Other Liabilities

  |  June 3, 2020

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Continuing our series on restructuring strategies, we now focus on debt and other liability considerations and their impact to cash flow: Debt Covenant Review – could trigger acceleration of cash debt obligations or require loan restructuring/modifications, which may result in charges to the P&L Defined Benefit Plans – curtailment/settlements may require interim re measurement of... Read More

Weathering the Storm Part 4: Restructuring Strategy Considerations

  |  June 2, 2020

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With the outbreak of COVID-19, companies are facing tough decisions and looking at their operations and debt to identify changes to help weather the storm. If you are considering restructuring some or all operations and debt obligations, we recommend you: Review debt obligations and required covenants. Review capital commitments to identify what can be delayed... Read More