In regular scenarios, companies keep an operating and financial structure that fits their possibilities and needs. When environmental, industry and even internal changes ensue, the operating and financial structure that used to be suitable becomes no longer appropriate, and companies find themselves in trouble.

In these cases, it is necessary to embark on a turnaround process to find a new structure that responds to the new market situation. Turning a company around implies working on its assets and liabilities to reach a suitable balance between production and capital providers' requirements.

This seminar intends to introduce the theoretical framework required to financially and legally evaluate several turnaround strategies for both assets and liabilities. Through theoretical discussions and real cases, participants will be led to face the challenges surfacing in any negotiation process involving creditors, shareholders and other stakeholders. All key aspects involved in liability re-structuring to ensure company continuity and value creation for all parties will be tackled.

• Asset and liability turnaround
• Creating value through turnaround processes