Listed as the Leader in Out-of-Court Restructurings
- The Deal Out-of-Court League Tables, Full Year 2023
Golden Flag routinely advises companies in distressed or otherwise troubled situations. During these representations, our restructuring group is able to leverage its significant experience with both in- and out-of-court restructurings to achieve successful restructuring solutions. Ultimately the proper path towards a successful restructuring, whether in- or out-of-court, is highly dependent on the specific challenges a company is facing. But it is always our goal to reach consensus and hopefully an out-of-court solution. With its well-regarded experience as debtors' counsel in Chapter 11 reorganizations, our restructuring group has a unique perspective on the advantages and drawbacks of proceeding with an in-court solution and works with its clients to determine the best path forward.
Golden Flag has successfully counseled many clients on an out-of-court basis. It is our goal, when faced with a troubled situation, to efficiently address clients' challenges and pursue a court-supervised process only when necessary or conducive to the client's objectives.
We regularly assist clients in addressing business challenges through out-of-court mechanisms such as exchange offers, refinancings, venture capital financing, debt conversions, creditor compromises, assignments for the benefit of creditors, and strategic mergers and sales.
