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

  • Welcome Ninette Bishay

    February 23, 2018 by

    Hogg, Shain & Scheck is delighted to welcome Ninette Bishay, CPA, CA, as its newest Partner. Ninette has spent most of her career, over the last 12 years, working exclusively with Charities and Not-for-Profit organizations, by providing assurance and business advisory. Ninette is dedicated and passionate about supporting organizations that make a difference in our
    Read More

  • Non-Resident Speculation Tax

    February 22, 2018 by

    Overview Effective April 21, 2017, the Government of Ontario introduced the Non-Resident Speculation Tax (the “NRST”). The NRST is a 15% tax on the value of consideration paid to purchase or acquire an interest in residential property located in the Greater Golden Horseshoe Region (the “GGHR”) by any of the following: individuals who are not
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  • Welcome to our Partners and Principal

    February 16, 2018 by

    We are pleased to announce that Ninette Bishay is joining as a Partner, and as one of our not-for-profit experts. Ninette brings a wealth of experience, primarily working with not-for-profit organizations and charities, including Government-funded organizations, private educational institutions and member-based associations. In addition, we are pleased to highlight a couple of advancements to the HSS
    Read More

  • Key Information on the Canadian Disability Tax Credit

    February 8, 2018 by

    The disability tax credit (the “DTC”) is a non-refundable tax credit designed to help defray the unavoidable costs associated with an individual’s disability. The DTC is available either to the person with the disability, or to a person supporting the disabled person. For the 2018 year, the federal disability amount is expected to be approximately
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