Our team will work with you to find the right strategy, listening to your concerns and ensuring they are addressed.
Whether carried out using a formal insolvency process, a managed turnaround or a refinance, we can offer commercial advice at every stage of the restructuring 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 numerous difficult decisions. Directors of financially distressed companies face a totally different set of considerations and duties than they would otherwise need to consider. If in this situation, it is critical to understand your personal responsibilities as directors to ensure you take the right action. It is likely that this will be unfamiliar territory for you. We can therefore 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 through a strategy created for you.
Our recent experience includes:
- Acting for Tasty PLC (trading as Wildwood restaurants) on its Restructuring Plan (37 sites)
- Acting for the shareholders of Fitness First on its Restructuring Plan
- Acting for Monsoon Accessorize Limited and Accessorize Limited (circa 250 stores in total) in connection with their approved CVAs
- Acting for Poundstretcher on its approved CVA (456 stores)
- Acting for Select Fashion (women’s fashion chain retailer) o its approved CVA (183 stores).
