Six approaches for Indonesian companies experiencing financial stress
- Eliot & Luther
- May 12, 2020
- 1 min read
Attached is a presentation outlining six main approaches that can be taken by Indonesian companies experiencing financial stress - with a view not just to surviving the current economic climate but emerging stronger.
It presents a range of options from the "Ostrich Approach" (doing nothing and hoping things will work out), through Refinancing, Buybacks, Restructuring, Foreign Court Proceedings, PKPU and Bankruptcy - with even the prospect of a Phoenix 'rising from the ashes'!
I give a summary of some of the advantages and disadvantages of each approach and the type of situations where it can be effective. This presentation started off life as a tailored client pitch, but I thought it might be helpful to do a version with more general application. However, the devil is in the detail, so please do get in touch if you would like to discuss a specific situation!