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Restructuring services Insights for better decisions in the Caribbean, the Bahamas and Bermuda

Insights for better decisions in the Caribbean, the ... for better decisions in the Caribbean, the Bahamas and Bermuda. ... • Custom real estate and ... British Virgin Islands, Cayman

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Page 1: Insights for better decisions in the Caribbean, the ... for better decisions in the Caribbean, the Bahamas and Bermuda. ... • Custom real estate and ... British Virgin Islands, Cayman

Restructuring servicesInsights for better decisions in the Caribbean, the Bahamas and Bermuda

Page 2: Insights for better decisions in the Caribbean, the ... for better decisions in the Caribbean, the Bahamas and Bermuda. ... • Custom real estate and ... British Virgin Islands, Cayman

Responsive

How we can help you Responsive to your needs

Lenders with clients in stressed and distressed situations benefit from a team with responsive, independent and commercial perspectives to review the details and advise on the best approach. Whether clarifying the current financial position, identifying likely future cash flows or helping you through the process of taking control of a deteriorating position or difficult to move assets, EY teams in the Caribbean, the Bahamas and Bermuda can help provide the right services for your needs.

Professionals with insightEY restructuring teams in the area work with our wider EY Financial Services Global Banking & Capital Markets Center, enabling us to leverage the collective skills and extensive experience of EY professionals who have served industry-leading hedge fund, banking and corporate clients. Our clients can benefit from the consistent approach and quality service delivered by experienced teams and advisors of lenders who know the financial services business.

Connected onshore and offshoreRestructuring teams at EY member firms in the Caribbean, Bahamas and Bermuda restructuring teams are part of EY’s global restructuring service network and are well positioned to advise on, and act in relation to, the most complex and technically demanding domestic and international assignments. Our services can range from helping you identify the financial, strategic and operational strategies necessary to restructure and improve your business to acting as receiver or official liquidator.

1 | Restructuring services

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We work with banks and borrowers to help develop, review or report on restructuring proposals to create the best resolution for your situation.

Why EYAn extension of your team: We are recognized for working with clients to help develop options and project plans that meet their needs.

Tried and tested: We bring proven methodologies, tool kits and experience from a variety of industries to identify and address your needs in an efficient manner.

Concept to completion: We can advise and assist you throughout the transaction process.

Experienced restructuring professionals: Our teams of seasoned professionals hold necessary regulatory licenses and transaction qualifications for performing compliance, enforcement, insolvency and strategic advisory engagements.

Global network of professionals: We can oversee multi-jurisdictional engagements and can project-manage them to reduce your administrative burden.

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3 | Restructuring services

• Investigating accountant reviews, including cash flow forecasts and security reviews

• Options analysis and monitoring services

• Contingency planning and formal insolvency processes

• Crisis stabilization and restructuring advisory

• Working capital and short-term cash flow advisory

• Corporate debt advisory

• Development schemes of arrangement with creditors and shareholders

• Fraud investigation and dispute services

• Asset-tracing services

• Advice to government and regulators

• Advice to management and investors

• Custom real estate and hospitality industry advice

We work with banks and borrowers to help develop, review or report on restructuring proposals to create the best resolution for your situation.

Insightful

Our services include

We work with banks and borrowers to help develop, review and report on restructuring proposals to best service your situation.

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Business/strategic reviews

Accelerated disposals

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Dist

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ier a

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Corp

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Formal insolvency

Business closure/downsizing

Working-capita

l service

sLegal-entity rationalization

and acquisitions

Successful

Stressed Distressed

In

solv

ent

Strong cash flow Weak cash flow

Loss of management control

Cash flow spectrum

EY restructuring team members currently act as financial advisors to a number of banks operating in the Caribbean, the Bahamas and Bermuda. These teams assist our banking clients in understanding their financial positions and options for dealing with problem exposures.

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5 | Restructuring services

Connected

Are you looking for ways to improve the performance of your capital?Our professionals have broad experience and knowledge, and our integrated approach emphasizes communication and efficiency.

Our teams are located in key onshore and offshore jurisdictions to provide you with the insights and information you need to make better decisions for your assets.

Our restructuring teams

Contact us. We can help.The EYC Region comprises the following territories: Barbados, Jamaica, Trinidad and Tobago, Netherland Antilles (Curaçao and Aruba), Guyana, Haiti, Belize; and the OECS countries of Anguilla, Antigua and Barbuda, Dominica, Montserrat, Grenada, St. Kitts and Nevis, St. Lucia and St. Vincent, and the Grenadines.

Please contact: Christopher Sambrano, EYC Regional Head, Transaction Advisory Services, at +1 246 430 3800 or by email at [email protected].

The BBC Region comprises the following territories: Bahamas, Bermuda, British Virgin Islands, Cayman Islands and Turks and Caicos.

Please contact: Keiran Hutchison, BBC Regional Head, Transaction Advisory Services, at +1 345 814 9005 or by email at [email protected].

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EY is the only organization with Financial Services Offices serving banking and capital markets clients in key locations around the world and in key Caribbean countries.Connected

Patrick AbsersonPartnerErnst & Young Dutch [email protected]+599 9 430 5010

Curaçao and Aruba

Anura JayatillakePartner, Transaction Advisory ServicesErnst & Young Services [email protected]+1 876 925 2501

Jamaica

Maria DanielPartner, Transaction Advisory ServicesErnst & Young Services [email protected] +1 868 822 6220

Zack NadurPartner, Transaction Advisory ServicesErnst & Young Services [email protected]+1 868 822 6251

Trinidad and Tobago

Christopher HillExecutive Director, Transaction Advisory ServicesErnst & Young [email protected] +1 284 852 5453

British Virgin Islands

Keiran HutchisonPartner, BBC Regional Head, Transaction Advisory ServicesErnst & Young [email protected]+1 345 814 9005

Rob McMahonExecutive Director, Transaction Advisory ServicesErnst & Young [email protected]+1 345 814 9008

Cayman Islands

Roy BaileyPartner, Transaction Advisory ServicesErnst & Young [email protected]+1 441 294 5611

Bermuda

Tiffany Norris-PilcherPartnerErnst & [email protected]+1 242 502 6044

Daniel WoodhouseSenior ManagerErnst & [email protected]+1 242 502 26046

Bahamas, Turks and Caicos Islands

Barbados and OECS

Andrew McConneyPartner, Real Estate Advisory ServicesErnst & Young Services [email protected]+1 246 430 3829

Christopher SambranoPartner, EYC Regional Head, Transaction Advisory ServicesErnst & Young Services [email protected]+1 246 430 3800

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EY | Assurance | Tax | Transactions | Advisory

About EYEY is a global leader in assurance, tax, transaction and advisory services. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities.

EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. For more information about our organization, please visit ey.com.

EY is a leader in serving the global financial services marketplace Nearly 35,000 EY financial services professionals around the world provide integrated assurance, tax, transaction and advisory services to our asset management, banking, capital markets and insurance clients. In the Americas, EY is the only public accounting organization with a separate business unit dedicated to the financial services marketplace. Created in 2000, the Americas Financial Services Office today includes more than 6,500 professionals at member firms in over 50 locations throughout the US, the Caribbean and Latin America.

EY professionals in our financial services practices worldwide align with key global industry groups, including EY’s Global Asset Management Center, Global Banking & Capital Markets Center, Global Insurance Center and Global Private Equity Center, which act as hubs for sharing industry-focused knowledge on current and emerging trends and regulations in order to help our clients address key issues. Our practitioners span many disciplines and provide a well-rounded understanding of business issues and challenges, as well as integrated services to our clients.

With a global presence and industry-focused advice, EY’s financial services professionals provide high-quality assurance, tax, transaction and advisory services, including operations, process improvement, risk and technology, to financial services companies worldwide.

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