Business continuity analysis
Since a company is created and in its continuous process of strategic management, it is expected that it (the company) can be sustainable in every way. To give adequate support to this long-term plan (sustainability), it is important that the businesses can be projectable and the basis of that projection is given by ensuring that the business itself maintains its continuity.
Despite the plans defined by the companies, continuity is likely to be affected in many ways, so it is an important role for the company’s Corporate Governance to be constantly evaluating operational, financial, legal, technological, etc., continuity. of their businesses, and based on these evaluations, make decisions on discontinuation of operations, or on restructuring processes, business models, or financing structures, and even this may lead the company to evaluate more stringent processes for restructuring them. In Chile, even applying the re-entrepreneurship law, which is similar to what exists in the United States with the well-known Chapter 11.
Based on the experience of our firm and professionals, we are in a position to guide, assist and advise the company and its government, in the processes of analysis and evaluation of these matters for the restructuring processes that are formalized afterwards.
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