Restructuring strategy

Restructuring strategy

Whether advising banks, financial institutions, insolvency practitioners or corporate directors, we know it is essential to identify the right restructuring strategy at the outset, to minimise loss to creditors and maximise the potential for recovery.

We will work with you to find the right strategy, listening to your concerns and ensuring they are addressed.

Whether the restructuring is carried out using a formal insolvency process, a managed turnaround or a refinance, we can offer commercial advice at every stage of the process.

We are also able to utilise our extensive range of contacts to provide you with alternative options you may not have thought available, such as an introduction to alternative methods of funding or to an interim manager to provide hands-on assistance while your business stabilises.

When faced with financial difficulties, we know you will be confronted with a number of difficult decisions. We also know you will be in unfamiliar territory. We can offer a reassuring presence to guide you through the restructuring strategy, explaining options in a way that you will understand.

Above all, we will know the right course of action for you to take and will help you achieve the best outcome for all involved through a strategy created for you.

Work highlights

  • Advising the shareholders of a group of jewellery businesses in connection with the preservation of their investment and formulating an appropriate exit strategy. We introduced the client to a restructuring specialist who assisted in trading the businesses for a short period, culminating in a sale of debt and equity to an American investor for a greatly enhanced realisation.
  • Advising the directors of a distressed AIM listed company in connection with the restructuring of the group, of which it was the parent company. We introduced the directors to an insolvency practitioner and formulated a strategy enabling a new company to be formed to acquire the shares in various subsidiaries of the AIM listed company through the administration procedure.
  • Advising a well known travel retailer in connection with acquiring and restructuring one of its key IT suppliers. The IT supplier was critical to our client's business. The restructure was facilitated through the acquisition by our client of the debt and security of the IT supplier's funder. Following the acquisition of the funder's debt and security, our client was able to take control of the IT supplier's restructuring which was completed through a pre-packaged administration sale of the critical parts of the IT supplier to our client.