Contingency Planning and Insolvency Services

What the EY-Parthenon Contingency Planning and Insolvency team can do for you

We work with management and financial stakeholders to use the pace, protection, powers and flexibility available under applicable insolvency law to address the issues threatening a business’ survival.

We use contingency planning and insolvency services to create restructuring legacies by:

  • Increasing the chance of a consensual restructuring through a credible “Plan B”
  • Delivering a rescue that could not otherwise be achieved
  • Preserving and recovering value, stabilizing critical services, and protecting jobs
  • Providing a controlled exit

We bring an unrivaled ability to connect globally and deliver locally in multiple different jurisdictions.

We have been involved in many of the most high-profile insolvencies in both private and public sectors, and are recognized for our groundbreaking, innovative use of insolvency law, coupled with our “light touch” approach to our insolvency services that minimizes disruption.

Our insolvency and contingency planning team has worked together for many years, bringing clients the experience, insight, and clarity of thought to increase confidence in the most stressed situations and transform outcomes.

Our contingency planning and insolvency services are designed to provide comprehensive support to businesses facing financial distress.

  • Options analysis
  • Contingency planning
  • Assistance to directors navigating the zone of insolvency
  • Entity priority analysis
  • Schemes of arrangements
  • Administrations (including prepacks and trading insolvencies)
  • Company voluntary arrangements (CVA)
  • Receiverships
  • Examinerships
  • Liquidations
  • Contentious insolvency
  • The Companies' Creditors Arrangement Act (CCAA)
  • Chapter 11-related services
  • Other cross-border insolvency solutions
  • Tax support relating to commercial options

Restructuring and turnaround strategy

When time is important, our experienced problem-solvers provide restructuring advice to move quickly from ideas to implementation. 



Our latest thinking

Reframing the future of an iconic skiwear brand

EY-Parthenon helped BOGNER refinance, reshape and return to profitability in spite of the COVID-19 pandemic. Learn more.

26 Apr 2023 Falco Weidemeyer

How can a strategic transformation mindset unlock long-term value?

Confident CEOs embrace corporate transformation mindset, using M&A and technology to navigate challenges and create long-term value. Read more.

14 Oct 2024 Andrea Guerzoni + 2

How to sell a travel business when no one is traveling

Flybe became the first UK airline to be rescued from insolvency after EY-Parthenon protected the struggling business and found a buyer.

31 Jan 2022 Simon Edel + 1

How the last financial crisis has driven improved resilience of banks

Banking insolvencies during the 2008 financial crisis highlighted areas that needed strengthening in the wider banking regulatory framework. Learn more.

12 Apr 2021 Simon Edel + 2


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