Restructuring, Turnaround & Insolvency
Running a business is one of the hardest things anyone can do. It is often the case in SMEs that a bad debtor or an unexpected equipment failure or a supplier price increase can result in major cashflow issues.
Once you throw in the fact that most SMEs have limited capacity to monitor or manage financial performance of the business in real time, the SME can find itself in a position where it is trading whilst insolvent or in desperate need of a financial restructure or turnaround. It is as this point, you need a team who understands the law, your options and levers that can be pulled to transform the business.
Our Restructuring, Turnaround and Insolvency team is a combination of lawyers and advisors who both understand the legal landscape as well as the commercial ramifications of a restructure or turnaround. This means we recognise SME owners do not want to go into liquidation or administration. However, we also know that most businesses cannot trade out of their current situation without significant change.
Working with both SME owners and Insolvency Professionals our team can propose options which are in the best interests of the SME, employees, creditors and stakeholders.
Key capabilities
- Liquidations, Administration and Receiverships
- Deed of Company Arrangements
- Business Solvency & Distressed Assets
- Restructuring & Reconstruction
- Turnarounds & Safe Harbour protections
- Security Advice (PPSR, Unsecured and Secured)
- Recovery Strategy and Advice
- Preference Claims and Priority Advice
- Director / Key Management Claims & Risks
- Asset & Business Sales
CLIENT SPOTLIGHT
Therapy
Care
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