FTI-Andersch restructuring reports
- use an integrated restructuring concept to provide a detailed description of how a company can be successfully restructured
- highlight the root causes that actually led to the situation the company now finds itself in and show the way forward, via measures and strategies developed jointly
- validate the restructuring ability from the perspective of a neutral third party
- fulfill all legal requirements that the German Federal Court of Justice (BGH) places on restructuring reports
Areas of application
FTI-Andersch restructuring reports
- are necessary in business-critical situations from a legal perspective:
- Banks need relevant expert opinions in order to satisfy regulatory requirements
- Company management and creditors need restructuring reports to guard against subsequent legal challenges and liability risks
- Restructuring reports are also prescribed in the context of wage bargaining or redundancy program negotiations, and for the granting of state aid or tax exemptions
- are critically important for the planning and long-term implementation of positive restructuring measures
Core benefits
- High success rate:
FTI-Andersch is a market and quality leader in the field of restructuring reports and has successfully assisted in well over 100 restructuring projects in the last 20 years.
- Comprehensive experience:
We highlight the optimal steps to take for successful restructuring, creating transparency and securing the necessary level of trust in the success of the project with all stakeholders.
- Absolute professionalism:
FTI-Andersch provides best-of-breed tools for decision-making, ensuring peace of mind on legal matters for everyone involved.
FTI-Andersch restructuring reports fully comply with the legal requirements as laid down by the German Federal Court of Justice (BGH). At the same time, the analysis findings are consolidated into a robust overall strategy for operational business. We use this as a basis for presenting you with the measures needed to achieve a successful restructuring project that also fulfils the requirements of the relevant IDW S6 standard.
We do not merely assess the economic standing of your business: we also analyze the market and competitor situation. We investigate potential and define long-term growth targets for the company. We develop measures for business operations and financing to ensure lasting restructuring success and harmonize these measures as part of integrated corporate planning.
Recent minimum legal requirements for restructuring concepts from the Federal Court of Justice:
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Typical structure of an IDW S6-compliant FTI-restructuring report
IDW S6 is the standard most frequently applied to the creation of restructuring concepts. While not prescribed, compliance with the standard decisively influences the prospects of a restructuring project achieving success.
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A restructuring report from FTI-Andersch will provide you with:
- a compact expert opinioFTI-n, which consists of a clearly structured main section accompanied by details of all key aspects provided as supplementary annexes
- the expert opinion concerning the restructuring ability of your company as required by the BGH
- the IDW S6-compliant reasoned opinion that we are, as financial auditors, especially qualified to provide
An FTI-Andersch restructuring report is typically structured as shown in the diagram here. The main section should be no longer than 50 to 60 pages, even for companies with a more complex structure, and may be considerably shorter for more straightforward situations.
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The FTI-Andersch restructuring report consists of a report about the restructuring concept itself as well as the expert opinion that summarizes the company’s restructuring ability.
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We are also happy to assist you in the implementation of the restructuring concept. Continuous monitoring of the measures implemented and the company’s intended development are key criteria for restructuring success.
Once restructuring is complete, we document and verify the implementation – and therefore the end of the business crisis.
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