Insolvency & corporate recovery
The threat of insolvency imposes an enormous stress for business owners and employees at all levels. We can offer realistic and pragmatic advice on your options and work with you to achieve the best outcome. Inevitably there are time constraints: you need responsive and experienced advice and you need it now.
Our experienced lawyers are able to provide practical guidance about turn-around situations; they work with you to establish how best to restructure your business to protect you and your employees. They regularly talk to banks and consider with you the possibility of some sort of debt restructuring, or a company voluntary arrangement. Our advice includes the suitability of administration or whether parts of the business can be closed or sold. Our goal is to provide constructive business solutions tailored to the realities of your situation and to do so in a straightforward and coherent manner. This involves working with licensed insolvency practitioners, commercial lenders and your other professional advisers. We work with you to identify what you want to achieve but will be realistic in our advice. Our lawyers know from practical experience the benefits that can be achieved for you and your employees in a properly restructured business, which is then able to concentrate on the opportunities ahead without the legacy problems of the past.