When faced with a customer in financial distress, lenders should, as one of the first steps, obtain a comprehensive security review to identify whether there are issues with their security that can be rectified to bolster their position.
We are geared up to carry out such reviews in very tight timeframes. Our security reviews are well structured, written in plain English and allow lenders to identify immediately whether additional action is needed.
Our wealth of experience enables us to advise lenders on the optimal strategy to maximise any recoveries in any potential enforcement scenario and/or insolvency process.
We regularly act for several of the large clearing banks and other well-known commercial lenders, advising on complex security structures and the enforcement of their security, including the appointment of administrators or LPA receivers.
“They adopt a real team approach both amongst themselves and working with us. They provide actual advice, taking into account the commercial considerations, not just stating the legal position.
