Companies facing insolvency are confronted with a wide range of questions that need to be answered quickly and accurately.
How much room for manoeuvre do I still have?
Insolvency is the most important point here, as the company would no longer be able to fulfil its obligations. Relationships with key stakeholders, such as business partners, customers, suppliers and banks, are often severely impaired as a result.
What type of procedure should I use and how do I prepare?
There are various types of insolvency proceedings that the company concerned can consider, such as self-administered insolvency or protective shield proceedings.
It is very important to maintain business operations during this time in order to secure assets and convince potential buyers and investors. At the same time, essential restructuring measures must be taken to stabilise the company.
Negotiations with creditors are unavoidable and must be prepared accordingly. A key challenge is to provide and constantly monitor business information and data and to adapt the next steps accordingly.
KPMG's insolvency team offers comprehensive solutions
Business management advice in the preparation and implementation of insolvency proceedings
Our range of services
In such a critical situation, a prudent approach and professional management of the aforementioned challenges are crucial. Our solution is based on a well-founded and customised analysis process carried out by our team of KPMG experts. Based on this analysis, we derive a promising approach for you. Our consulting services are designed to put your company in a position to ensure the stability it needs to survive.
As part of our services, we offer you the following steps:
Our experienced team is on hand to guide you through this process and ensure successful implementation.
More KPMG insights for you
Your contacts
Florian Rieser
Partner, Performance & Strategy, Head of Turnaround & Restructuring
KPMG AG Wirtschaftsprüfungsgesellschaft
Christoph Köllmer
Partner, Performance & Strategy, Turnaround & Restructuring
KPMG AG Wirtschaftsprüfungsgesellschaft
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