Special Situations
Special situation transactions are complex, time-sensitive initiatives that involve companies that are experiencing a liquidity crisis and diminishing value. For businesses that are under financial stress, it is important to understand that there is an inverse relationship between time and enterprise value: the more time a business remains under financial stress without a resolution, the faster the value of the business will likely deteriorate. This will likely result in fewer available restructuring options, which can ultimately result in the need for a bankruptcy filing.
The successful execution of a transaction for a company in financial distress requires highly specialized experience and knowledge of bankruptcy procedures, each constituent’s rights and remedies, and the ability to think creatively and negotiate effectively in an adversarial context.
The senior professionals with KPMG Corporate Finance's Special Situations Advisory Group are experienced in crafting strategies for troubled companies in financial distress and creditors and other constituents seeking to maximize their economic recovery. Our professionals apply a global and interdisciplinary perspective to engagements with experience in bankruptcy procedures, valuation, capital markets and operations coupled with deep industry sector knowledge. This multi-faceted understanding of the restructuring dynamics enables us to effectively formulate valuable negotiation and recovery strategies.
Our Special Situations Advisory Group can provide you with more information on Distressed M&A.
service LEADER
![]() | Ricardo "Rick" Chance Managing Director Orange County Phone: 949.885.5680 Fax: 949.861.9372 rchance@kpmg.com |



