Where a business is facing financial distress or insolvency, we may be able to help save it if action is taken early enough. Alternatively, we can help financial stakeholders to recover value in an insolvency.
- As a director of a business in distress, you have a legal responsibility to ensure the company is not trading insolvently. Obtaining early advice can help you clarify your current position and the available options
- As a lender or financial stakeholder you need to manage your exposure to losses which may involve some form of insolvency procedure
- As an adviser to a business in distress you wish to ensure that the directors or stakeholders are given clear advice on the available options