TAS - restructuralization and recovery new - Ernst & Young - Czech Republic

We provide restructuring and reorganisation services to companies, their institutional lenders and other stakeholders in situations where business and strategic objectives cannot be met within the constraints of a company's existing capital resources and structure. We consider all options available in order to design the best solution for our clients.

Our senior professionals' hands-on-involvement with our clients helps them make difficult decisions. We use the industry expertise of Ernst & Young in the Czech Republic and, where appropriate, we co-operate with our colleagues from abroad to help our clients find solutions. Last but not least, we assist our clients with the timely implementation of effective solutions.

Embarking on a comprehensive restructuring and reorganisation project minimises the risk of financial loss. Our restructuring and reorganisation engagements have proven that the highest priorities for banks and financial institutions are:

• Comprehensive understanding of the options available
  
• Expertise to implement the chosen strategy
  
• Industry expertise
  
• Understanding the bank's business and the implications of each option in terms of financial and non-financial indicators (e.g. media)

We bring to each restructuring and reorganisation project not only technical skills but also a culture in which we share the best practices on a national and international basis for the benefit of our clients. If you have a problem, talk to us. We can help you out.

Restructuring services

• Independent business review
• Reporting
• Cash management
• Financial and operational restructuring
• Insolvency proceedings
• Voluntary liquidation