The number of insolvencies is alarmingly high. How can companies recognize existentially threatening challenges early on and take effective measures to achieve a turnaround? This practical handbook outlines the potentials and limits of operational and financial restructuring, as well as liability, tax, and personnel issues, and describes the path to an effective early warning system. Numerous checklists and practical examples complement the guide.

• Restructuring options in insolvency proceedings
• Legal restructuring advice
• Out-of-court restructuring with the prepared insolvency plan as a tool and network
• Opportunities in labor law
• Tax law aspects
• Organizational strategies
• Communicative aspects of restructuring management
• Risk management

Both the entrepreneur who is dealing with turnaround management for the first time and the experienced practitioner looking to deepen specific topics will find helpful support here.

Prof. Dr. Olaf Arlinghaus has accompanied numerous turnaround projects as a member of the Finance & Controlling (CFO) board. He teaches International Management at FH Münster and concurrently advises various companies on restructuring and in restructuring management.