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Ernst &Young >Services>Restructuring - Ernst & Young - Canada

Facing challenge together

Ernst & Young’s Restructuring group is a market-leading financial advisor in large corporate restructurings in Canada.

We provide financial advisory services to companies, lenders, creditors, and other parties-in-interest in troubled or potentially troubled credit situations. Our services are provided in the context of early interventions, strategic financial advice, informal workouts, out-of-court restructurings, and formal bankruptcy proceedings. In addition, as part of our advisory service, we assist in distressed mergers and acquisitions and capital sourcing.


Formal Restructuring Engagements

Visit our new search-capable database of active restructuring engagements.

Restructuring Document Centre


Working capital management

We help you improve cash flows and release value in current capital accounts (receivables, payables, inventories) thereby improving overall liquidity and offering effective strategies for managing credit lines and increasing your financial flexibility. Learn more (pdf, 302.8kb) .

For creditors, we: 

  • Assess strategic alternatives to maximize value
  • Review and assess business plans and short-term cash-flow forecasts
  • Perform viability assessments of companies and recommend solutions
  • In selected situations, act as receiver and manager or trustee in bankruptcy to execute divestiture plans. This may include acting as part of the management team to operate the business to complete going concern divestitures.
For debtors, we: 

  • Act as strategic financial advisor to senior management and the board of directors
  • Assist senior management in the analysis of its current financial situation and strategic alternatives
  • Assist in the development and negotiation of restructuring plans and financing initiatives
  • Work with senior management to develop financial models that support valuation, divestiture and capital-raising initiatives
  • Negotiate and structure restructuring financing.
Facing challenge together

Contacts

Murray McDonald
Leader
416 943 3016

Martin Rosenthal
Montreal
514 879 6549

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