Government Debt Restructuring
Overview
When public agencies and private clients come to us to restructure current obligations and to develop alternatives for financing future operations and capital projects, we understand that they hope to avoid a bankruptcy, and we may have only a narrow window to get their finances back on track.
Our approach is guided by the history, needs and culture of our public and private entities. Alternatives we may consider with our client include the following.
- Sale, lease, or development of under-utilized assets
- Increasing efficienies in delivering of public services
- Negotiating with creditors to reschedule bonded indebtedness, longterm leases and other obligations
- Obtaining approvals, permits, and assistance from other governmental agencies
- Building support in the community for the steps necessary to lead the agency to financial strength