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Insolvency Procedures
We act for insolvency practitioners, lenders and business owners on all aspects of corporate restructuring and insolvency.
Our client base includes a number of North West based and nationally based insolvency practitioners, most of whom we have advised for many years. They welcome our practical and commercial advice and our responsiveness. We advise them on the full range of insolvency processes.
Where commercial lenders have clients who are struggling to pay their debts, or are involved in an insolvency process, we assist the lenders in recovering their funds.
When businesses are having financial difficulties, we are able to advise the owners on the best solutions for their situation, whether that be a formal process such as administration, or an informal restructuring, a managed turnaround and refinance or just general commercial and practical advice.
We also regularly advise purchasers who are buying distressed businesses that may or may not be in an informal insolvency process.
There are a range of procedures available to struggling businesses including:
- Informal arrangements with creditors
- Company Voluntary Arrangements
- Administration
- Liquidation
- Receivership