Even the best laid plans can go wrong. Sometimes companies get into severe financial distress, and sometimes a company just needs to pivot to stay on track.
Sometimes this is easily foreseen, and changes to finance or group structure can be implemented in a controlled manner. Sometimes events overtake, and there is a real urgency required to prevent creditor action.
We are often asked to restructure a company or larger group. We act for creditors and debtors and know both sides of the negotiating table as a result. We know when urgent action is required.
Where there is no chance of a negotiated restructuring, we advise creditors, companies and their directors how best to manage a formal insolvency process. Once the formal process is in place, we also act for Insolvency Practitioners, advising them on the full range of issues that can arise in an insolvency process.
We are particularly experienced in advising directors as to their duties when a company is in financial difficulty.
We advise stakeholders in relation to:
- Company voluntary arrangements (CVAs)
- Schemes of arrangement
- Members’ voluntary liquidations (solvent)
- Creditors’ voluntary liquidations
- Compulsory liquidations (winding up)
- Individual voluntary arrangements
- LPA and Fixed Charge receiverships
- Provisional liquidations
- Consensual restructurings
We buy businesses out of insolvency. We protect companies and individuals from their creditors.
We help creditors to maximise their return where debtors are in default.
Our experience is clear from the deals which the R&I team have been involved in.