By collaboratively interacting with economic stakeholders, VRS routinely executes restructuring mandates that deleverage the balance sheet through a consensual out-of-court transaction.
Consistent with its CRO mandates, VRS identifies the fulcrum security and structures a reorganization plan that maximizes value for that constituent, driving consensus with other stakeholders through thoughtful analysis of restructuring alternatives.
In connection with formulating a restructuring plan, VRS performs “flash” and detailed valuation analyses, comparative liquidation analyses and develops the detailed bottom up 3 statement financial projections for the reorganized entity.
Where an out-of-court transaction is not feasible, VRS negotiates plan support agreements, pre-negotiated and pre-packaged chapter 11 bankruptcyplans.
Asset Sales and Divestitures
VRS tailors special situation sale processes to maximize asset value in an efficient manner while ensuring adequate exposure to the capital markets.
VRS develops the market map, prepares marketing materials, coordinates diligence, negotiates letters of intent and definitive agreements and supports the company through the closing of the transaction and beyond.
We routinely run §363 sale processes in chapter 11 bankruptcies as a financial advisor or CRO, exercising business judgment for the debtor as the estate fiduciary.
VRS also advises value investors and strategic acquirors in structuring bids and negotiating the purchase of distressed assets, both out-of-court and in §363 asset sales.
