Thanks to our economic background, we are capable of adapting to and focusing on your requirements and conditions. Our services range from evaluating restructuring capabilities and advice on strategic concepts, to implementing turnaround plans and buying or selling companies.

To find the right solution for you, we can call upon our experience gained from providing advice and implementing projects for companies in different size categories, in very different sectors and with a wide range of products.

PLUTA creates and examines restructuring concepts in accordance with the IDW S6 standard. What is decisive here is that the turnaround plan is based on an economically and legally sound concept. Besides a well-founded assessment or evaluation of the restructuring capabilities, this should also include concrete turnaround measures as well as integrated corporate planning. The restructuring concept should aim at securing the financing, an adequate level of equity capital and a competitive yield. Therefore, the corporate concept, the entire value-added chain as well as the company’s processes are put to the test. Once suitable turnaround measures have been identified, the right way to overcome the crisis and its causes are demonstrated. A plan of action that can be monitored by Controlling is created, thus providing the basis for the success of the implementation phase.

Besides customised analysis, the key characteristic of our approach is competent implementation. Turnaround measures are implemented and also monitored by our interim managers. A good feeling for business, legal expertise and efficient implementation merge completely together. Besides the financial reorganisation, which focuses on improving balance-sheet ratios, the structural reorganisation is of great importance. This entails restructuring the entire enterprise internally. For instance, this includes changing production and distribution processes, reorganising departments such as Purchasing and Controlling and reorienting the strategy.

During compliance audits, business transactions and the conduct of directors and senior staff are examined from an economic and legal point of view. The legal requirements for ensuring that conduct is in line with regulations have risen substantially in the past few years. In particular, the risks of liability claims and the liability of the people involved should be examined. Our experts have the knowledge required for recognising and assessing any breaches of laws or regulations.

Forensic accounting is a specialist field in this context. This entails deploying investigative methods to analyse bookkeeping and accounting with the specific aim to assess any breaches of laws or regulations, such as fraud or embezzlement at the expense of the company, and to document these in a legally admissible manner. However, these methods are also used in the field of complex financial transactions and product liability.

Insolvencies do not happen by chance. Often, they are the result of a longer development. The preparation or assessment of a going-concern forecast is an important contribution to creating a solid basis for companies or creditors to make further decisions. A professionally developed going-concern forecast can - in crisis - contribute to the defense of the obligated application for insolvency.

If it comes to the worst, there is the obligation to request for the opening of insolvency proceedings at least three weeks after occurrence of insolvency or overindebtedness. Failure to do so may result in personal liability. The timely and professional examination of the insolvency or overindebtedness creates clarity here. With a robust documentation, the responsible persons can also prove their due diligence and relieve themselves as necessary.

We build teams of experts with proven implementation competencies specifically for each and every restructuring process. Depending on requirements, they are supported by management experts, attorneys, tax consultants, auditors or certified accountants. PLUTA combines all these competencies in their own enterprise, thus ensuring an optimal information exchange between the team members involved and a high level of quality. We expect our experts to have a good feeling for business and the ability to implement efficiently. This requires them to have business know-how, legal expertise and the ability to assert themselves. To meet your requirements, you can therefore expect that our staff have many years of practical experience, multiple qualifications and business proficiency in foreign languages.

If necessary, we will bring in experienced PLUTA insolvency administrators as CROs in debtor-in-possession proceedings or interim managers. They know the ins and outs of the sector in question and are familiar with the needs and interests of the staff. Moreover, we can activate our networks for our clients so that our restructuring efforts are even more successful.