{"id":43989,"date":"2017-11-26T16:14:32","date_gmt":"2017-11-26T14:14:32","guid":{"rendered":"https:\/\/newserver.fyb.de\/produkt\/success-factors-for-complex-restructurings\/"},"modified":"2017-11-26T16:14:32","modified_gmt":"2017-11-26T14:14:32","slug":"success-factors-for-complex-restructurings","status":"publish","type":"product","link":"https:\/\/www.fyb.de\/en\/produkt\/success-factors-for-complex-restructurings\/","title":{"rendered":"Success factors for complex restructurings"},"content":{"rendered":"

Dr. Michael Bormann<\/strong> \u2014 bdp foun\u00adding part\u00adner bdp Ventu\u00adris Manage\u00adment Consul\u00adtants GmbH, Berlin\/Hamburg<\/p>\n

Matthias Kramm<\/strong> \u2014 Senior Consul\u00adtant and Autho\u00adri\u00adzed Signa\u00adtory bdp Ventu\u00adris Manage\u00adment Consul\u00adtants GmbH, Berlin<\/p>\n","protected":false},"excerpt":{"rendered":"

Experts fear at least 43,000 corpo\u00adrate insol\u00adven\u00adcies in 2009, more than in the major crisis years of 2004 and 2005. The global econo\u00admic crisis is affec\u00adting a large number of compa\u00adnies in various sectors of the economy. The compa\u00adnies most at risk are those whose sales reve\u00adnues are falling dispro\u00adpor\u00adtio\u00adna\u00adtely and which were not able to offer lush returns and equity capi\u00adta\u00adliza\u00adtion even before the crisis.<\/strong><\/p>\n

In addi\u00adtion to the slump in sales, medium-sized compa\u00adnies are strugg\u00adling with massive finan\u00adcing problems. Despite public credit programs and billi\u00adons of euros in support for the banks, these funds are being passed on to the affec\u00adted compa\u00adnies only very hesi\u00adtantly. The banks first restruc\u00adture their own balance sheets. Many compa\u00adnies are facing tough and thorough restruc\u00adtu\u00adring, which despite severe cuts also offers an oppor\u00adtu\u00adnity for a turn\u00adaround. Profes\u00adsio\u00adnal support can help avoid a lot of mista\u00adkes here. Not just on paper, but \u201chands on\u201d in the day-to-day busi\u00adness of the compa\u00adnies. The first step is to openly analyze the weak points and act quickly. Various measu\u00adres can contri\u00adbute to the stabi\u00adliza\u00adtion and reco\u00advery of the company.<\/p>\n

Conti\u00adnua\u00adtion progno\u00adsis and reor\u00adga\u00adniza\u00adtion expert opinion accor\u00adding to IdW<\/strong><\/p>\n

New legis\u00adla\u00adtion has been in force since Novem\u00adber 2008: The Finan\u00adcial Market Stabi\u00adliza\u00adtion Act (FMStG), as amen\u00added on Septem\u00adber 18, 2009, tempo\u00adr\u00ada\u00adrily suspen\u00added the \u201cover-indeb\u00adted\u00adness\u201d ground for filing for insol\u00advency for corpo\u00adra\u00adti\u00adons until Decem\u00adber 31, 2013, provi\u00added that a posi\u00adtive going concern fore\u00adcast can be presen\u00adted. As a result, the requi\u00adre\u00adments for a posi\u00adtive going concern fore\u00adcast have increased consider\u00ada\u00adbly: posi\u00adtive pros\u00adpects for the next three years must be estab\u00adlished and certi\u00adfied in the areas of inves\u00adti\u00adga\u00adtion of solvency, compe\u00adti\u00adti\u00adve\u00adness and sustainable profi\u00adta\u00adbi\u00adlity with an over\u00adwhel\u00adming proba\u00adbi\u00adlity. This requi\u00adres a great deal of expe\u00adri\u00adence if the company is to be analy\u00adzed in a short time and future fore\u00adcasts are to be asses\u00adsed toge\u00adther with the entrepreneur.<\/p>\n","protected":false},"featured_media":40996,"comment_status":"open","ping_status":"closed","template":"","meta":{"wp_typography_post_enhancements_disabled":false},"product_brand":[],"product_cat":[2452,2511,2523,2530],"product_tag":[1790,1945,2098,2102,2103,2107],"class_list":{"0":"post-43989","1":"product","2":"type-product","3":"status-publish","4":"has-post-thumbnail","6":"product_cat-ebook-en","7":"product_cat-fyb-2010-2","8":"product_cat-dr-michael-bormann-en","9":"product_cat-matthias-kramm-en","10":"product_tag-michael-bormann-en","11":"product_tag-corporate-insolvency","12":"product_tag-matthias-kramm-en","13":"product_tag-financing-problems","14":"product_tag-idw-en","15":"product_tag-financial-market-stabilization-act","16":"pa_sprache-english-3","17":"pa_sprache-german","19":"first","20":"outofstock","21":"taxable","22":"shipping-taxable","23":"purchasable","24":"product-type-variable"},"yoast_head":"\nSuccess factors for complex restructurings - FYB Financial Yearbook<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.fyb.de\/en\/produkt\/success-factors-for-complex-restructurings\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Success factors for complex restructurings - FYB Financial Yearbook\" \/>\n<meta property=\"og:description\" content=\"Experts fear at least 43,000 corporate insolvencies in 2009, more than in the major crisis years of 2004 and 2005. 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