Insolvency and Reorganisation

Overview

We provide discreet and confidential advisory services to lenders, creditors, companies and individuals in troubled financial situations. Based on our long and successful track record of restructuring and insolvency, we have the deep industry experience and capability to deal with any eventuality from small private business to complex cross border insolvency.

Potential issues

Your business is distressed, running out of cash, cannot pay suppliers within terms and are in danger of breaching banking covenants.
Your business needs to attract investment but cannot do so due to its over indebted and highly leveraged balance sheet.
As a board of directors you are concerned about your responsibilities and personal exposure as the prospect of insolvency increases.
You are a creditor with a debtor in default and need to consider your recovery options including a winding up order.
You are a secured lender and need advice on your options on borrower default including enforcing your security where necessary
You are acquiring a loan portfolio and need to understand the enforcement options available to you as part of your workout strategy.
As part of a corporate simplification or group reorganisation you have a number of solvent subsidiaries that need to be wound up or special purpose vehicles that have reached the end of their commercial life.

How can we help?

We act a lead financial advisor to businesses in distress to steer them through a successful restructuring and refinancing either informally or through a formal insolvency process.
Examinership is the primary formal restructuring process available to deal with businesses in distress with a prospect of future viability. We have acted as examiner and independent expert in numerous cases across a variety of sectors.
We have extensive experience acting as provisional and official liquidator in a variety of cases and sectors maximising recoveries for the creditors together with carrying out investigations and pursuing appropriate remedies.
In addition to court liquidations we carry out creditor voluntary liquidations and can advise in all aspects of preparing for a winding up of insolvent companies.
We have a highly experienced corporate receivership team to assist lenders with pre enforcement planning and subsequently accepting the appointment to implement the strategy and maximise the recovery for the appointing lender.
We can bring the benefit of many years enforcement experience to loan portfolio purchase due diligence providing enforcement analysis for loan buyers in considering their investment and subsequent work outs.
In addition to a highly experienced corporate receivership team we have developed a receivership platform to deal with high volume fixed charge and personal asset receiverships. The process and systems have been developed to ensure efficiency in appointment acceptance, asset disposal and everything in between including risk and compliance procedures for both lender and receiver.
We work closely with our tax and investment funds colleagues on both basic and complex solvent liquidations. We have acted as liquidator in a wide range of members voluntary liquidations realising shareholder value in the most tax efficient manner.