A “positive continuation prognosis” is given when the necessary financing of the company is secured with a high probability for at least 18 to 24 months.

The time required to prepare the report largely depends on the quality of the available data, such as financial accounting, and the complexity of the company or corporate group. Based on our experience, the timeframe generally ranges between three and six weeks.

To maintain financing or support the restructuring with additional funds, ongoing implementation support by an experienced restructuring consultancy is usually a prerequisite. ARES Advisors also supports you in this and, if necessary, takes on short-term responsibility as CRO / restructuring management.

Managing a corporate crisis requires quick action and intensive communication with a variety of stakeholders, including banks, lawyers, and auditors – all in addition to regular business operations. Companies often simply lack the capacity to tackle these challenges on their own. A CRO (Chief Restructuring Officer) can effectively support these companies with their specialized knowledge and experience in crisis management by initiating and coordinating the necessary measures for stabilization and restructuring.