Corporate Financial Restructuring
Seidman & Co., Inc. is highly skilled in the process of debt restructuring and corporate reorganization. Our principal strengths are in analyzing corporate economics and cash flows, defining restructuring and strategic options, solving complex financial problems associated with troubled companies, and in securing financing.
The Firm also has long experience in developing and analyzing business plans, valuing component parts of a corporation, negotiating with creditors, pricing and structuring securities, and designing and administering exchange offers.
Our expertise covers deleveraging, cash flow monitoring, stemming cash flow drain, purchasing through bankruptcy and foreclosure, pre-packaged bankruptcies, and corporate downsizing and streamlining.
Seidman & Co., Inc. is knowledgeable and creative at helping to avoid bankruptcy, but also has in-depth understanding of the bankruptcy process, strategy, and proceedings.
Each company requiring debt restructuring and reorganization is different. We focus on achieving a thorough understanding of the company, its businesses, and the industries in which it operates.
Seidman & Co., Inc. often acts as a fiduciary in reorganization and provides a full range of services to assist in the reorganization process, including:
Business Plan Development
The foundation of any plan of Reorganization is a detailed business plan built from the bottom up and based on critical analysis and objective standards. This is a priority of the reorganization process which requires detailed projected Profit and Loss, Balance Sheet, and Cash Flow Statements, pro forma for the reorganization, along with carefully developed annotations and text demonstrating the underlying integrity and viability of the projections and strategy. Intensive due diligence and operating analysis as well as extensive discussions with management are vital for the successful execution of this process.
Plan Of Reorganization Development
The projections and related assumptions of the business plan provide the basis for defining an appropriate new capital structure and determining the various securities and programs which can be offered to optimally satisfy the various claimants in, and Parties to, the reorganization. Once these are defined, a Plan of Reorganization can be proposed to the creditors and negotiations initiated. Principals of the firm have long experience in the reorganization process and have played a successful role in assisting parties negotiate creative, effective solutions for troubled companies.
Valuations
The Firm provides expert assistance in valuing and critiquing business enterprises, developing pro forma cash flow projections, designing the securities that may be part of the restructuring process, and opining on Plan feasibility.
Industry Expertise
Seidman & Co., Inc. believes in conducting fundamental economic research on subject industries, encompassing analyses of industry revenue size and growth, cyclicality of revenue, competitive factors, trends in costs and profitability, and pricing structures and trends. The Firm has familiarity with, and can provide in-depth analyses of, a diverse range of manufacturing and service industries.
Expert Testimony
The Firm has a long history in providing expert testimony in a number of legal forums, including the Bankruptcy Courts.
Capital Market Activities
Members of the Firm have managed monies for both the debt and equity markets, as well as the securities of distressed companies, and generally have an excellent working knowledge of the securities markets. The Firm also is experienced in the private placement market and has strong relationships with numerous and large pools of capital committed to funding troubled companies. External funding of reorganizations frequently allows creditors to receive cash and to institute a viable longer-term capital structure. Seidman & Co., Inc. also has engaged in project and lease financing, and in designing and administering exchange offers for publicly-traded debt.
