The objective of the preventing restructuring process is to avoid to enter into formal insolvency process by a debtor with a probable insolvency position but with viable activity after a debt restructuring. To reach success is necessary to start the process with sufficient anticipation.
A financial planning to analyze the different possible scenarios is needed. The planning must be based on making long term financial projections and a treasury plan which should cover the term to implement the restructuring agreements. This planning will also be necessary as basic info to maintain the negotiations with creditors.
To analyze the different creditors groups and the strategy to follow to obtain at least the necessary support to receive the judicial approval of the plan will be necessaries.
Will be also necessary to consider the possible entrance into insolvency process after the failure in the debt restructuring negotiations. Its planning considering the potential proposal to obtain the insolvency creditors agreement or to foresee how the liquidation process will develop, with special consideration to the possibilities to sale de Production Unit in the insolvency framework.
