This article by Franco Carlo Papa (Chairman of PGS Consulenti) and Luca Sala (Partner of PGS Consulenti) deals with timing and other practical details of recovery agreements. The authors show that in practice a great deal of time is spent on defining components of the plans or agreements, such as covenants, on which no prior decision has been taken. Considering the requirements of company rescues and the time needed for drawing up agreements, this article argues that it is more important to focus on the process of achieving and maintaining continuity than on initial valuations. This would require introducing suitable mechanisms for defining and monitoring the plan, identifying remedies and solutions in the event of positive or negative deviations.