Taking over a company in receivership can represent an exceptional opportunity, provided one does not give in to the mirage of a «bargain» at a low price. In this expert report, the levers for evaluating the real potential of a struggling target are detailed, highlighting the importance of a rigorous audit carried out by specialists such as the firm CG Law.
Patricia Guyomarc’h and her colleagues remind us that a recovery project begins with an unsparing analysis of the causes of failure: are they cyclical or structural? The team of CG Law supports candidates in structuring a «fair and balanced» offer. The proposed amount must not only cover super-priority debts but also demonstrate to the court the acquirer's ability to finance the working capital requirement (WCR) necessary for the turnaround.
The court does not choose the highest bid, but the one which best guarantees the continuity of the business and the maintenance of employment. Support from CG Law allows you to transform your strategic vision into a solid and convincing dossier, minimising the risks of contagion for your own business.
