Corporate Turnarounds and Restructuring

We can help with your accounting needs.
How Can We Help You?

  • This field is for validation purposes and should be left unchanged.

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

  • PURCHASING A HOME FROM A NON-RESIDENT. BEWARE!

    October 13, 2018 by

    A recent decision by the Tax Court of Canada highlights the danger of Section 116 of the Income Tax Act (“ITA”). In the case of Kau v. the Queen, Mr. Kau purchased a condo in Toronto from Mr. Y for $368,000. Mr. Y it turns out was a non-resident for Canadian tax purposes (he had
    Read More


  • HSS is supporting Gather: Rise 2018

    October 10, 2018 by

    This year, Hogg, Shain & Scheck is supporting Gather Women’s 3rd annual National Gathering, Gather: Rise 2018.  Gather Women is a Canadian movement that supports and empowers all women to be the influencers in this world and to live with the love for God. The association exists to connect Canadian Christian women, to engage its
    Read More


  • Game for Golf

    October 3, 2018 by

    At Hogg, Shain and Scheck we value the impact of the not-for-profit sector on society. This year, we joined KC’s Cancer Cushion Fund and the Ontario Produce Marketing Association for a great season of golf! KC’s Cancer Cushion Fund started with one strong, golden-hearted woman, Kate Coen, fighting breast cancer, and grew to become a
    Read More


  • Join Us! HSS Not-for-Profit Seminar: Navigating Change for Social Impact

    September 28, 2018 by

    Have you booked your ticket to the upcoming Seminar hosted by Hogg, Shain & Scheck.  Join other charities and not-for-profit organizations at this October program.  See below for details. Session 1: Accounting & Auditing Standards Update – There’s a new audit report in Canada.  Find out how this change and other standards changes will impact
    Read More