“Your business is constantly changing. Throughout its life cycle your business will go through various stages which shall, to varying degrees, require the business to restructure or re-organise itself. This can be for numerous reasons. For example, it might arise to allow you to strategically best position the business to focus upon and develop existing or new markets and/or opportunities, or to re-brand or to deal with particular challenges from competitors.. Or it might be through a desire to streamline operations to make the business more flexible, efficient and easier to administer so it can continue to grow. In challenging economic climates and operating environments businesses may face challenges to their stability or success. Business restructuring might be desirable cut costs, to deal with cash flow, debt or creditor pressures That might extend in to implementing strategies to protect core and viable businesses, assets and reputation and/or to ring-fence risks and unprofitable work areas. To achieve the best outcome a restructuring might even involve utilising one or more of the available insolvency strategies.
Corporate restructuring therefore can cover a whole range of activities, with the common objective of maximising a business’ profitability and viability and allowing the business to go forward with confidence.
Our specialist multi-disciplinary team has significant experience working with banks and other lending institutions, equity investors, corporates, directors, creditors and insolvency practitioners advising on all aspects of restructurings, refinancings, turnarounds and insolvencies. Our work includes advising in relation to:
- Equity and financial restructurings and reorganisations
- Enforcement of security
- Asset realisations
- Debt rescheduling and recovery
- Distressed business and assets sales and acquisitions
- Directors’ duties and liabilities
We also advise on all aspects (non-contentious and contentious) of formal insolvency procedures, such as
- Company Voluntary Arrangement
Our Insolvency service page also has additional details on these services.
For More Information Contact:
Direct Dial: 0141 530 2044