Corporate Turnarounds and Restructuring

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Corporate Turnarounds and Restructuring

Keeping your business stable, no matter what your situation

Do you need help with the resolution of an urgent situation in order to implement a quick change? Have revenues dropped? Debt increased? Accounts receivables far overdue? If so, you need the services of Hogg, Shain and Scheck for your business in the Greater Toronto Area.

Our professional staff shares a results-oriented and practical mind-set that fully understands that when a business is facing a troubling situation, failure is not an option. We will work with your senior executives in an environment that ensures dynamic restructuring with competing priorities. We manage the business liquidity and anticipate any unforeseen opportunities and risks – all while helping to communicate with important stakeholders and addressing the morale of your employees.

The deep expertise and understanding we have across a number of industries will allow us to quickly evaluate the primary issues and react immediately on your behalf and the behalf of your business. If you are in crisis, then our team will help to develop various liquidity forecasts, while obtaining additional financing, improving the management of your cash flow, negotiating loan covenant waivers, and helping to guide complicated restructuring of debt. We personally meet with creditors and banks, vendors, and other stakeholders on your behalf. We also offer advisory and analytical services for unsecured creditors and lenders of any distressed borrowers.

Is your business or company in a transition period, or having issues with restructuring, or even bankruptcy weaknesses? If so, we will help you to develop a comprehensive strategy to move forward. We cover all areas of turnaround management to ensure the restored financial health of your company.

With the help of our professional team at Hogg, Shain and Scheck, we will develop a clear and concise path that will provide visible and measurable results. Company restructuring is our business; let us work to find the proper path for your company to reach and maintain stability.

What our clients are saying

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    On July 18, 2017 Finance Minister Bill Morneau released his much anticipated consultation paper proposing changes to how private corporations are used to gain tax advantages. The proposals outlined in the consultation paper are significant and will affect everyone who owns a private corporation. The following three items are targeted in the consultation paper: ·
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    Prepared by Jordan Gabriel and Maria Kosinevska, Hogg, Shain & Scheck P.C., CPA Students The seminar presented by Robert Murray focused around the development of a simple and easy to understand strategy for organizations, including values and benefits it can bring to your business. Importance of Values Create a strategy that encompasses your organizational values
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