According to the release, the company plans to continue its business operations and according to published reports, keep executive staff in place. The release also asserts that "the decision to file was made after an exhaustive review of alternative options."

“Our day-to-day operations will continue uninterrupted and we want to assure our employees and customers that we remain committed to serving our clients and to providing world-class consulting solutions,” said Ed Harbach, BearingPoint CEO, in the release. “This restructuring is an important step to secure a better and stronger future for BearingPoint and we expect to emerge from this process in an expeditious manner,” Harbach continued.