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

The latest from our Blog, News, and Events

  • Supporting Canadian Screenwriters

    May 13, 2019 by

    Hogg, Shain & Scheck are proud supporters of the Writers Guild of Canada (WGC) Screenwriting Awards. Being a gold sponsor, we are always excited to recognize Canada’s talent and emerging local artists. In the 23rd year, 2019 WGC Screenwriting Awards were held on April 29th, at the TELUS Centre for Performance and Learning’s Koerner Hall
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  • HSS Joined the Annual Ontario Prayer Breakfast

    May 7, 2019 by

    Hogg, Shain and Scheck attended the annual Ontario Prayer Breakfast on Monday, April 15th at the Sheraton Centre Toronto Hotel. Over 800 people gathered together to support our Members of Provincial Parliament (MPPs) and City Councillors in prayer. The Christian community has been coming together for an annual breakfast since 1969 – an event that
    Read More


  • Operating in a #MeToo Context – Charities and Not-for-Profit Organizations

    April 10, 2019 by

    Summary Why this sector is particularly vulnerable What the law says The role of the Board The role of management Anti-harassment policy and program Addressing complaints Training Beyond sexual harassment: Harassment includes: Sexual Bullying (though has no legal grounds) Verbal abuse Discrimination Up to the person who alleges harassment to say whether it is harassment
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  • GST/HST 101 for Charities and Not-for-Profit Organizations

    April 1, 2019 by

    GST/HST is: A type of value-added tax In theory, should apply to all consumption irrespective of whether the supplier is in the for-profit or non-profit sector Special GST/HST provisions for non-profit sector to exempt certain “public good” or non-commercial-like activities Attempt to minimize the compliance burden for the sector Supplies by charities = exempt unless
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