Corporate reorganizations are considered by distressed businesses, or companies for a variety of reasons: when tax laws change; leadership changes and affects company finances, mergers occur or the economy hits a company’s bottom line.

Eric and Roddy Lanigan can help distressed businesses resolve seemingly overwhelming financial challenges out of court. Sometimes, legal advice for businesses will determine that credit and debt are manageable and a corporate reorganization is preferable to filing a Chapter 11. It takes experience and insight to know the difference.

When businesses are financially troubled or when extensive, rapid growth change the fiscal culture or future of a business, legal consultation with Lanigan and Lanigan, P.L., can help to clarify owner, CEO, shareholder or leadership interests.

Financial and legal direction during a corporate reorganization is needed by business owners and principals, even executives who need assistance sorting through the effects of transaction details and negotiations. There may be a strategic restructure to reduce financial losses which directly affects the debt, the equity and sometimes even the leadership role that executives will perform.

Corporate reorganizations involve reducing or changing company operation, determining which portions of the company to sell to investors, how to finance debt and how financial gains are shared. The complexities involve current and forecasted financial strategy and all changes to a company whether big or small involve many choices, risks and outcomes.

Contact Lanigan and Lanigan for a consultation to help to clarify the options for businesses of all sizes. Eric and Roddy will review the causes and problems to help decide whether reorganization can lead a business away from a Chapter 11 situation.