Home – Preserving your business through debt restructuring – Luxembourg Times

In this article, Christophe Vandendorpe and John Tan, who are restructuring and liquidation practitioners at EY Luxembourgs Reshaping Results team, answer a question often asked by businesses: how to preserve value in a distressed situation?

My business is failing due to the current situation what can I do?

Applying for bankruptcy is a last resort as that doesnt necessarily maximise value for your shareholders and creditors. If your business remains viable long-term, and if you have the support from a majority of existing creditors, you could consider a debt restructuring exercise in Luxembourg.

What is the…