Lazard Middle Market provides a full range of financial restructuring services to assist companies in financial distress including pre-crisis situations, out-of-court workouts,
and Chapter 11 reorganizations. Our expertise covers the complete spectrum of troubled situations and the full array of potential solutions, including:
- Crisis Avoidance
- Recapitalizations
- Equity and Debt Financing
- Exchange Offers
- Out-of-court Restructurings
- Mergers and Acquisitions
- Reorganization Plan Formulation
- Stakeholder Negotiations
- Pre-packaged Bankruptcies
- Chapter 11 Reorganizations
- Valuations and Expert Testimony
- Fairness and Solvency Opinions
Financial Restructuring Clients
Lazard Middle Market distressed advisory and restructuring professionals have deep experience working on behalf of the various constituents who are most commonly the interested
parties in a troubled situation, including:
- Affiliates/Partners
- Asset Purchasers
- Boards and Board Committees
- Companies/Debtors
- Key Customers and Suppliers
- Secured Lenders
- Shareholders
- Unsecured Creditors
Our professionals have experience in a wide variety of financial restructuring assignments ranging from mid-cap companies operating single-line businesses with relatively
simplified capital structures to complicated, highly visible multi-billion-dollar cross-border diversified global enterprises.
Financial Restructuring Services
Lazard Middle Market provides an independent perspective and comprehensive, integrated analysis, strategic advice, and superior execution. Specifically, we:
- Review near-term issues such as liquidity, claims, and potential or actual defaults
- Consider longer-term issues such as business plans, debt capacity, competitive positioning and strategy, key contracts and relationships, and regulatory considerations
- Identify and analyze alternatives within the context of execution risks and timing constraints
- Assess values of businesses
- Develop strategy including contingency plans
- Organize the players to understand their motivations
- Communicate with the players
- Implement the strategy within time constraints including liquidity enhancements, asset monetizations, debt refinancings, new equity investments, debt conversions to equity, and divestitures, mergers, and acquisitions
- Employ appropriate process whether an out-of-court recapitalization, a prenegotiated/ prepackaged bankruptcy with voting regimes and liability cleansing, or Chapter 11 reorganization with DIP financing and lease/contract rejections
