Managing a crisis


Overview

Where a business is facing financial distress or insolvency, we may be able to help save it if action is taken early enough. For companies, their lenders, shareholders or other stakeholders in businesses facing financial under-performance or crisis, we deliver restructuring solutions and help build a platform for recovery.

Alternatively, we can help financial stakeholders to recover value in insolvency. Our experience and industry specialists enable us to tailor solutions to the individual circumstances and needs of our clients.

 


Potential issues

  • You may be facing cash pressure, actual or potential breach of a loan covenant or over leverage. You want to better understand the reasons for the underperformance and the available options.
  • You may be a financial stakeholder in a business who has concerns about its performance and future prospects and you want to get an independent person to review and advise you on the situation.
  • As a Director of a business in distress, you have a legal responsibility to ensure the company is not trading in an insolvent position. Obtaining early advice can help you clarify your current position and the available options.
  • There will inevitably be situations where a rescue is not possible and in such cases the lenders to a business are likely to use a formal insolvency process to recover the maximum value.

 


How can we help?

  • Performing Independent Business Reviews to provide real clarity as to the current financial and operational status of a business, to assess its prospective viability and to outline the range of options available in the short and longer term.
  • Developing solutions, in partnership with creditors and debtors, using our experience of working through crises where objectives may diverge and where there are pressures on relationships. This can help to rebuild trust between the business and its financial stakeholders.

 

Contact us

Brian Bergin
Partner
Tel: +353 1 792 8735
Email

Declan McDonald
Partner
Tel: +353 1 792 6092
Email

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