There are a range of procedures available to assist a company which has immediate or impending financial problems.
We act in conjunction with insolvency practitioners to identify the most appropriate steps to take to protect the company and its business. This could take the form of refinancing and corporate re-structuring without the need for formal insolvency proceedings. Alternatively, we may recommend administration, to obtain a freeze on creditors’ hostile actions against the company, coupled with a voluntary arrangement or the sale of the business back to its owners or a third party.
Our Commercial Law Team