Restructuring

Even the most well-crafted plans can sometimes hit a snag. Companies can face significant financial distress, and at times, a shift in direction becomes necessary to keep on the right track.

Sometimes these challenges can be predicted, allowing controlled adjustments in finances or the company structure. However, there are instances where unforeseen events take over, demanding urgent measures to prevent actions from creditors.

Our services are often sought for the restructuring of companies or larger groups. Representing both creditors and debtors, we bring a comprehensive understanding from both sides of the negotiation table. We have a keen sense of when immediate action is essential.

In cases where negotiated restructuring isn't feasible, we offer guidance to creditors, companies, and their directors on managing a formal insolvency process effectively. Once the formal process is initiated, we also extend our expertise to Insolvency Practitioners, advising on the myriad issues that can arise during insolvency proceedings.

Our specialty lies in advising directors on their duties when their company faces financial challenges, providing extensive experience and valuable insights in such circumstances.

We advise stakeholders in relation to:


Legal processes to manage insolvent companies, aiming to protect assets and find solutions for creditors.


Agreements between a company and its creditors to restructure debts and avoid insolvency.


Legal arrangements approved by courts, often used to reorganize company debts or facilitate takeovers.


Process for winding up a company with enough assets to pay off all debts and distribute surplus to shareholders.


Liquidation initiated by a company's directors when it can't pay debts, overseen by appointed liquidators.


Court-ordered liquidation of a company due to insolvency or failure to meet financial obligations.


Legal status of individuals or companies declared insolvent by a court, involving asset liquidation to repay debts.


Agreements between individuals and creditors to manage debts without declaring bankruptcy.


Appointed individuals or firms to manage and sell assets pledged as security for loans.


Temporary measure by courts to preserve assets and prevent their dissipation pending a final decision on liquidation.


Negotiated agreements between debtors and creditors to restructure debts outside formal insolvency proceedings.


We had an urgent need to raise finance. Michael Arnott was able to guide us through troubled waters with skill and intelligence. His expertise in restructuring and corporate finance, along with the wider firm’s knowledge of intellectual property and the med-tech sector, gave us the advice we needed in a quick and efficient manner. He is a valuable contributor at board meetings and understands how to help directors to carry their duties properly.

Contact our Restructuring Solicitors in Edinburgh & London Today

If you have hit a bump in the road, we can provide guidance.
CONTACT

Useful Guides

An Introduction to the Investment Process

We’ve prepared this short guide to provide you with an introduction to the process so that you are equipped to navigate the path to getting funding.

Mergers & Acquisitions

A substantial sale or acquisition will often represent a life changing event for a founder shareholder or a game changer for an acquiring business.

Financing a Business

In this guide we explore some of the funding options available when your business needs to generate cash.

About MBM Commercial

Download our Firmwide Brochure

Articles of Association

All UK companies must have Articles of Association. The “Articles” are essentially the company’s constitution or internal rule book, which set out the rights of the shareholders, the directors and the company itself. As such, it is a very important document.

Directors Duties & Responsibilities

A guide to the general duties of Directors under the Companies Act 2006 and Fiduciary Duties.

Top 10 Commercial Contract Clauses

From Liability to Governing Law & Jurisdiction, we define the most common clauses that are typically included in any contract.

HolisticHR

Our Holistic HR service offers employers a retainer package that provides you with specialist employment law advice at a fixed cost - without the uncertainty and worry of escalating or unknown fees. You’ll get responsive and bespoke HR advice for your business delivered in an understanding and friendly way. It’s like having an on-demand employment law team at your fingertips.

Start your journey
with us today

MBM Commercial will only use your personal information to answer your query and to provide the products and services you requested from us. You can unsubscribe from these communications at any time. For more on how we are committed to protecting and respecting your privacy, please see our Website Privacy Policy.
You must enable javascript to view this website