Restructuring and Turnaround

Disruption is relentless. Having the right strategy to restructure or turn around an organization can help turn adversity into opportunity.

Restructuring and turnaround strategy

When time is important, our experienced problem-solvers provide restructuring advice to move quickly from ideas to implementation.

Our latest thinking

Should CEOs double-down on business transformation in the face of uncertainty?

Business transformation is front and center on the 2024 CEO agenda, the latest EY report finds. Read more.

30 Jan 2024 Andrea Guerzoni + 2

How an insolvent travel industry giant got back on track

EY teams steered international conglomerate HNA Group successfully through one of China’s largest corporate restructurings. Learn more.

16 Nov 2023 Yongmin Yuan + 2

How a government struggling with debt navigated towards a brighter future

EY professionals helped Puerto Rico exit bankruptcy and build a foundation for future growth. Learn more in this case study.

11 Aug 2022 Gaurav Malhotra + 2

How to sell a travel business when no one is traveling

Flybe became the first UK airline to be rescued from insolvency after EY-Parthenon protected the struggling business and found a buyer.

31 Jan 2022 Simon Edel + 1

How to determine a solid path forward in a liquidation

British Steel needed a buyer to avoid closure and to continue the iconic brand, but a sale was never guaranteed. Learn more.

08 Jan 2022 Sam Woodward

Helping a travel business to survive and thrive during a pandemic

Strategic advice on securing liquidity kept travel advisors operating during the pandemic and positioned for success. Learn more.

23 Dec 2021

    The team

    Falco Weidemeyer

    EY Global Turnaround and Restructuring Leader

    Seasoned, internationally trained performance professional. CRO and turnaround manager. Experienced in consulting and industry functions. Passionate for outdoors.

    Eschborn/Frankfurt (Main), DEU

    Gaurav Malhotra

    EY Americas Reshaping Results & EY US Restructuring Leader

    Experienced turnaround and restructuring advisor serving a variety of sectors. Loves to navigate clients through a challenge. Family man who enjoys the outdoors and is still trying to break 90.

    Chicago, USA

    Christopher Mack

    EY-Parthenon Asia-Pacific and Japan Turnaround and Restructuring Strategy Leader; EY Asia-Pacific Reshaping Results Leader

    Experienced restructuring advisor. Has held positions as President, CFO, Global Strategy Officer and Board Director. Extensive global and broad industry experience. Traveler. Family man.

    Tokyo, JPN

    Andrew Wollaston

    EY Global Transactions Private Equity Leader

    Seasoned financial advisor and restructuring professional who has been with EY for over 30 years. Proud father of three. Poor golfer. Lover of animals and the outdoors. Interested in family history.

    London, GBR

    Yongmin Yuan

    EY Greater China Restructuring Leader

    Experienced in corporate restructuring, debt resolution, and providing practical restructuring solutions to reshape business value. Loves fishing and playing chess.


    Milan Knarse

    Partner, Turnaround and Restructuring Strategy & EY Europe West Reshaping Results Leader; Ernst & Young GmbH

    Steady in mission-critical situations, especially when facing earnings and profitability challenges. Passionate about old cars and traveling. Family guy; proud father of a son.

    Berlin, DEU

    Contact us for immediate support
    We have a clear view of the critical questions and new answers required for effective crisis management, business resilience and continuity through these volatile and uncertain times.