Bankruptcy/Restructuring

Many mineral producers, vendors, and ancillary service providers are distressed as a result of the prevailing market environment for energy and other commodities. BOYD has extensive consultant experience providing technical and financial advisory services to debtors, agent banks, secured lenders, and Unsecured Creditors Committees (UCCs), not only in pre-bankruptcy / restructuring efforts, but also as a court-approved advisor. Our unparalleled mining industry insight, coupled with our experience in strategic planning and competitor analysis, has enabled our clientele to prioritize restructuring efforts, optimize financial outcomes, and maximize recoveries.

BOYD offers the following bankruptcy / restructuring advisory services:

Mining Operations

• Reserve Estimation / Analysis
• Mine Monitoring and Performance Reviews
• Appraisals of Equipment (Adequate Protection Payments)
• Capital Expenditure and Operational Assessments
• Strategic Planning
• Environmental / Reclamation Obligations

Contracts / Agreements

• Supply Agreements
• Contract Valuations
• Key Employee Incentive Plans (KEIP)
• Vendor Contracts
• Mineral Leases
• Contract Mining Agreements

Financial

• Cash Flow and Variance Analysis
• Financial Modeling of Future Mine Plans
• Sensitivity Analysis
• Divestments and Analysis of Potential Buyers
• Business Valuations

Strategic

• Debtor and Creditor Negotiations
• Development of Earn-Out Scenarios
• Strategic Planning for Going Concern
• Competitor Analysis
• Alternative Plans/Projections
• Re-Alignment of Business Division

Expert Witness Testimony

• Reserve / Business Valuations
• Contracts / Supply Agreements
• Managerial Capabilities
• Environmental / Reclamation