Corporate Recovery, Insolvency and Restructuring
Various options are available to companies who find themselves in difficulty, including:
- Company Voluntary Arrangement
- Administration
- Creditors' Voluntary Liquidation
- Compulsory Liquidation
- Informal arrangements / restructuring
Of course, companies that need to be closed, perhaps because they have come to the end of their useful life, are not necessarily insolvent, and therefore available to such solvent companies is:
- Members' Voluntary Liquidation
A formal or informal process as described above, may not be suitable when compared to possible refinancing, which is one of the options, amongst many others, that can be advised on and arranged by the firm's Corporate Finance team.
On the other hand, you may be experiencing difficulties in dealing with customers/clients who may be in financial trouble, perhaps with collecting outstanding debts owed to you. In these circumstances, we can often assist and advise in the most appropriate course of action available to you in order to progress matters.
Useful Documents
- A Creditors' Guide to Administrators' Fees
- A Creditors' Guide to Liquidators' Fees
- Voluntary Arrangements - A Creditors' Guide to Insolvency Practitioners' Fees
Contact Details
- Graham Stuart-Harris
- Neville Blackburn - email: neville.blackburn@bhp.co.uk
- John Davis - email: mailto:john.davis@bhp.co.uk
Telephone: 0114 266 7171
