Lender, Creditor & Other Stakeholder Advisory

As a trusted advocate to lenders and creditors, we offer the benefit of our deep energy industry knowledge in connection with an engaged, proactive approach to creditor advisory. We advise stakeholders across the entirety of the capital structure, from traditional commercial lenders to deeply distressed investors and equity holders, along with trade creditors and government and regulatory agencies. Our services are sought by individual stakeholders and parties-in-interest, bank syndicates, and ad hoc and official committees, both in- and out-of-court in order to preserve and unlock value and maximize the recovery profiles of distressed situations.

We offer stakeholders an array of services:

  • Quality of earnings and business plan reviews
  • Borrowing base reviews
  • Development and maintenance of cash and liquidity forecasting models
  • Enterprise valuation and recovery modeling for complex organizational structures
  • Negotiation of waivers, amendments and forbearances agreements
  • Analysis of intercreditor issues and complex financing structures
  • Expertise around capital raising, acquisitions, divestitures and other strategic initiatives
  • Covenant structuring
  • Litigation support
  • Bankruptcy-specific services, including the prosecution of causes of action, claims pool analyses, valuations and testimony and the development and negotiation of reorganization plans

Moreover, we can work with companies at the request of stakeholders to:

  • Develop and sensitize business plans
  • Create reliable forecasting models
  • Provide periodic reporting
  • Rationalize operating costs and overhead
  • Shed non-essential or unprofitable operations for maximum value
  • Manage near and long-term working capital
  • Redefine long-term financing and capital structure options
  • Analyze and structure complex tax transactions
  • Gain access to confidential information and provide public guidance to stakeholders who do not want to be restricted