The fortunes of family businesses rely heavily on maintaining positive relationships within them. However, inevitably, the stresses and strains of juggling a business with domestic life can create conflict. When...
Restructuring, Turnaround & Insolvency
There are many situations in which an individual, business, partnership, company experiences financial difficulties. This could be for all manner of different reasons, including illness, redundancy, non-payment of debts owed to you by a customer as a result of market change or, more recently, the pandemic.
The earlier that advice is sought, the more options will be available. For example, a company director must act in the best interests of the creditors when serious financial difficulties occur. Any director who acts in breach of their duties may expose themselves to personal liability or commit a criminal offence, highlighting the need to obtain advice.
Our dedicated Restructuring, Turnaround & Insolvency Team has extensive experience in this area. We advise business owners, purchasers, companies, office-holders on all aspects of business recovery, corporate restructuring and insolvency. We specialise in providing advice on company rescues, management buy-outs, schemes of arrangement, administrations (including pre-pack administrations), company voluntary arrangements, compulsory liquidation and creditors’ voluntary liquidation.
More information about the credentials and expertise of our team members can be found here.