Business recovery & insolvency
In the current economic climate, many businesses are facing a host of challenges including, underperformance, decreased earnings, cash flow shortages and potential insolvency. At Crowleys DFK, we have the expertise to provide troubled businesses with recovery and insolvency services to help them confront these challenges.
Our Business Recovery and Insolvency Department provide practical support and advice to directors, shareholders and advisors of companies on all aspects of business recovery and insolvency. We can also advise creditors on their position and the recovery of debts.
We are committed to seeking constructive solutions to challenging difficulties and do not assume that liquidation is always inevitable. Drawing on the expertise of our corporate finance, tax and other specialists, we will examine all options available to a company.
However, when all other avenues have been exhausted and it is evident that a company’s difficulties are insurmountable, we can provide clear advice and recommendations on the most effective form of winding up.
In addition, we can draw on the expertise of our DFK International colleagues on insolvency and restructuring matters involving more than one jurisdiction.
Our comprehensive range of services includes:
- Informal schemes of arrangements
- Retention of title
- Rights and entitlements of employers
- Preferential and named creditors
We approach each assignment in a collaborative manner with all involved, including shareholders, directors, the tax authorities, banks and suppliers.