Loan Restructuring And Workout

DEFcom Advisors assists lenders and borrowers to renegotiate terms on a loan that is technically in default, so as to avoid foeclosure or liquidation and put the loan repayment back on track.

In addition to financial services consulting for loans that are out of covenant, DEFcom’s broadcast operations experience can also help the borrower to more effectively and efficiently run their company and get them back to their original credit agreement or on a dependable repayment plan.  There are few if any financial services consultants in the broadcasting industry that possess the operating experience that DEFcom Advisors has.

Receivership, Bankruptcy, Trusteeship

When all options have been exhausted, and the debtor company is faced with the possibility of insolvency DEFcom Advisors can help.  While bankruptcy should be the last resort, sometimes it may be the only means of restructure a company to provide maximum value to all stakeholders. DEFcom provides services designed to address an efficient and effective response to workout activities and bankruptcy proceedings allowing the company to focus on operating the business.

DEFcom Advisors services include:

• Exploration of non-bankruptcy and bankruptcy alternatives
• Pre-bankruptcy planning
• Station valuations and asset sales
• Trustee and receivership services
• Interim and workout management services
• Serving as chief restructuring officer or advisor