Benefit Partnership

Scoop of Practice

STRATEGIC RESTRUCTURING

This involves reconfiguring the structure, operations, or strategy of an organization to improve efficiency, adapt to market changes, or respond to financial distress, therefore the key components include:

 

  1. Organizational Redesign
    • Changes in departments, reporting structures or leadership roles.
    • Mergers, acquisitions or divestitures.
  2. Financial Restructuring
    • Debt restructuring or refinancing.
    • Asset sales, cost reductions, or recapitalization.
  3. Operational Restructuring
    • Streamlining processes and improving supply chains.
    • Closing or relocating underperforming units.
  4. Strategic Pivoting
    • Changing business models or entering new markets.
    • Shifting focus from products to services or vice versa.

LEGAL ADVISOR IN RESTRUCTURING

The legal advisor ensures all restructuring actions comply with local and international laws and mitigates legal risks, therefore its responsibilities typically include:

 

  1. Regulatory Compliance
    • Ensuring restructuring plans meet corporate, tax, labor, and antitrust laws.
  2. Drafting and Reviewing Documents
    • Contracts, shareholder agreements, NDAs, restructuring plans, and board resolutions.
  1. Legal Risks & Compliance
    • Identify key legal challenges and how a legal advisor mitigates risk during restructuring
  1. Due Diligence
    • Investigating liabilities, assets, and potential legal issues
  2. Stakeholder Negotiations
    • Representing the organization in talks with creditors, investors, or regulators.
  3. Insolvency and Bankruptcy
    • Filing and navigating insolvency processes, if required.
    • Protecting assets and managing liabilities during bankruptcy.