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Security and protection systems
Sector: Controls for the regulation of domestic and commercial installations.
Origin: United States
Number of employees: 100.000 (on a global level)
Annual revenue: 6.000.000 USD
Origin: United States
Number of employees: 100.000 (on a global level)
Annual revenue: 6.000.000 USD
Target
Prevent the company from entering a delicate economic situation due to insovlency and dissolution.
Demonstrate and convince the ad hoc committe, labor unions, and labor courts of the company viability if corrective measures are undertaken.
Adapt the worker payroll to the economic reality of the company, which faces an adverse ecoomic environment and recurrent losesses in its operating account.
Reduce the total restructuring cost.
Demonstrate and convince the ad hoc committe, labor unions, and labor courts of the company viability if corrective measures are undertaken.
Adapt the worker payroll to the economic reality of the company, which faces an adverse ecoomic environment and recurrent losesses in its operating account.
Reduce the total restructuring cost.
Services details
Initial meeting with the client to understand the company situation.
Interviews with directors and employees to learn about its operations.
Elaboration of a report with the following content: external analysis of the situation of the sector, the company´s economic and operating situation, cause/effect relationships, possible solutions, and a restructuring plan.
Participation in the negotiations between the company, the ad hoc committee, and the labor unions.
Interviews with directors and employees to learn about its operations.
Elaboration of a report with the following content: external analysis of the situation of the sector, the company´s economic and operating situation, cause/effect relationships, possible solutions, and a restructuring plan.
Participation in the negotiations between the company, the ad hoc committee, and the labor unions.
Benefits
Wide experience in restructuring processes, with a 100% rate of success since the year 2000.
Coordination of the entire process and argumentation between the law firm, the client, and IVC.
Solid and convincing report that facilitated the negotiations and gave clear arguments of the measures that should be taken.
Success in the negotiation process that allowed the company to continue its operations, and lower its operating costs by 28%.
Coordination of the entire process and argumentation between the law firm, the client, and IVC.
Solid and convincing report that facilitated the negotiations and gave clear arguments of the measures that should be taken.
Success in the negotiation process that allowed the company to continue its operations, and lower its operating costs by 28%.
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