COVID-19 has had a catastrophic effect on the economy and one of those hardest hit has been the leisure sector, with many attractions, venues and hospitality establishments being forced to close their doors overnight. This will clearly be causing man…
If your business is in financial difficulty, we have extensive experience working with management, shareholders and other stakeholders, to restructure and rescue it. Our expertise includes:
- re-negotiating terms with lenders, suppliers and creditors,
- re-financing the business and improving debtor realisations, and
- re-organising group structures to be more tax efficient or to protect business critical assets.
We understand that for you, and all other stakeholders involved with a business experiencing difficulties, the best results are achieved if the issue is dealt with early and swiftly. We quickly identify and understand the issues faced by businesses experiencing financial difficulties and come up with pragmatic, commercial solutions and options.
Our wealth of experience and real commitment means we have forged exceptional links within the regional and national business and financial community. This allows us to put together the right team of professionals, advisors and/or lenders to deliver a transformation to the business’ financial well-being and performance. We have seen many businesses coming out of a financially difficult period and go from strength to strength.
CVAs or Company Voluntary Arrangements over the last few years have, with the exception of landlord retail CVAs, become less and less popular as a means for rescuing businesses. Could this be about to change with the anticipated fall out from COVID-19?
The introduction of e-filing across the Business and Property Courts in England and Wales has made it possible to file a Notice of Appointment of an Administrator at any time, day or night. This has caused some confusion as to whether a Notice of Appointm…
A dinner recently hosted by Clarion, Mazars and Santander highlighted some of the issues and opportunities currently facing businesses in the food and drink sector. Held at the newly opened - and highly acclaimed - Grantley Hall Hotel in North Yorkshire, …
Whilst the full impact of British Steel’s liquidation remains uncertain for creditors and suppliers, it acts as a timely reminder to review trading relationships and position in the supply chain.