
In parallel to its strategic planning services, AlShall advises on financial architecture and restructuring of troubled companies. With the aim of enhancing shareholder value, AlShall focuses on the client’s goals and provides advice on the optimal capital structure, executive management, shareholder mix, and targeted products and services. Finally, AlShall helps in implementing the restructuring plans (legal, financial or other requirements) and bridging any funding gaps.
Debt Restructuring
In the event of stressed or distressed situations, AlShall assists its clients in:
- Being proactive, rather than reactive, by taking action in a voluntary restructuring plan to protect their debt exposures and minimize losses, and/or avoid reaching financial distress.
- Take action in restructuring troubled-debt obligations – whether out-of-court or in-court under the Kuwait Financial Stability Law, with the primary aim of minimizing and halting further losses, avoid bankruptcy, and operate on a going-concern.
AlShall assists in restructuring contractual debt obligations through refocusing the corporate strategy of firms/companies and streamlining their operations with the underlying premise of mainly:
- restructure the balance sheet through resizing the firm’s assets or investments portfolio, changing its capital structure, and/or ownership/control, to ensure that:
i) debt servicing and repayments are met based on a Corporate Debt Restructuring (CDR) plan which takes into account the firm’s cash flow generation ability,
ii) all involved stakeholders (banks, other creditors, shareholders, investors, potential management) are treated fairly,
iii) overall liquidity is enhanced,
iv) profitability and sustainable growth are restored, and
v) as an ultimate objective, shareholders’ wealth is preserved and maximized. - Extend support in implementation of the financial restructuring plan.
Financial Restructuring Experience List

PROJECT NAME | COUNTRY | SECTOR | SERVICES PERFORMED | COMPLETION DATE |
Restructuring of a listed real estate company | Kuwait | Real Estate | Financial restructuring | 2012 |
Strategic and HR planning for a listed investment company | Kuwait | Financial Services | Financial and organizational restructuring – strategic and human resources planning | 2012 |
Strategic planning for an investment company for dissolution purposes | Kuwait | Financial Services | Strategic planning for dissolution purposes | 2012 |
Valuation of an industrial company for restructuring and expansion purpose | Kuwait | Industrial | Valuation for the purpose of restructuring | 2012 |
Restructuring of an investment company | Kuwait | Real Estate – Financial Services | Restructuring and valuation of an investment company | 2012 |
Valuation of a holding company | Kuwait | Real Estate – Financial Services | Valuation of a holding company i.e part of a group for internal restructuring purposes in order to investigate the potential of consolidating its activities with other companies within the same group. | 2012 |
Valuation of a holding company in order to investigate the potential of consolidating its activities with other companies within the same group. | Kuwait | Real Estate – Financial Services | Valuation of a holding company i.e part of a group for internal restructuring purposes. | 2011 |
Valuation of an investment company for restructuring purposes | Kuwait | Financial Services | Valuation of an investment company for restructuring purposes | 2010 |
Valuation of four real estate companies for purposes of restructuring | Kuwait | Real Estate | Valuation of four real estate companies (sister concerns) for purpose of restructuring and establishing a holding company | 2010 |
Valuation of a spare parts trading & services company | Kuwait | Trading | Valuation, legal & financial structuring & placement of an A/C and spare parts trading company | 2008 |
Establishment of an oil & gas company for sale, maintenance & repair of oil production equipment .wl.l. | KSA | Oil & Gas | Valuation, legal & financial structuring & placement | 2007 |
Valuation of an engineering projects company | Kuwait | Contracting | Valuation study, licensing, legal & financial structuring and Information Memorandum for a company dealing with A/Cs and spare parts | 2006 |
Valuation of a contracting company | Kuwait | Contracting | Valuation study, licensing, legal & financial structuring and Information Memorandum for a company providing specialized engineering and contracting services | 2006 |
Establishment of a real estate company | Kuwait | Real Estate | Valuation, feasibility study of capital increase, legal and financial structuring and preparation of placement documents | 2004 |
Capital restructuring and financing sources options assessment | Qatar | Logistics | Financial structuring, assessment of legislative environment for Sukuk issue, rating agencies assessment | 2007 |
Financial Restructuring Examples

Project Example – Financial Restructuring
Assignment | Preparing a corporate level strategy to restructure the debt and assets of an investment company (balance sheet restructuring) |
Client Name | Kuwaiti investment company |
Client’s Activities | Leasing, finance and investment |
Project Size |
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Assignment Date & Duration | 2012, 3 months |
Main Area of Focus | Restructure company’s indebtedness (local debts) and investments with the aim of primarily: i) restructuring paying-out its defaulted financial obligations in full, ii) restructuring its assets-base, and iii) avoiding liquidation (or bankruptcy). The objective is to keep the company operating on an ongoing basis and restoring its profitability with an ultimate goal of protecting shareholders’ wealth. |
Services Provided |
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Outcome | The company received approval to enter under FSL Law based on the CDR plan developed by AlShall |
Project Example – Strategic Planning
Assignment |
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Client Name | Kuwaiti listed investment company |
Client’s Activities | Direct investment, investment banking and asset management |
Project Size | Assets Size: ~USD 700 million |
Assignment Date & Duration | 2012, 5 months |
Main Area of Focus | Assist the client in developing a strategic plan with the aim of: i) optimally restructuring assets and liabilities in order to meet current financial obligations while allowing future growth, ii) evaluating new sources of revenues and different operating models, iii) revising the strategy to focus on real estate investments, iv) recommending optimal skills and staffing levels for the target organization structure, and v) recommend new grading and compensation schemes. The objective is to advice the Company on the optimal method of restructuring, which would assist in the progress towards its revised business strategy focusing on real estate investments as well as repayment of debt obligations. |
Services Provided |
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Outcome |
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