Restructuring

Even the most well-crafted plans can sometimes hit a snag. Companies can face significant financial distress, and at times, a shift in direction becomes necessary to keep on the right track.

Sometimes these challenges can be predicted, allowing controlled adjustments in finances or the company structure. However, there are instances where unforeseen events take over, demanding urgent measures to prevent actions from creditors.

Our services are often sought for the restructuring of companies or larger groups. Representing both creditors and debtors, we bring a comprehensive understanding from both sides of the negotiation table. We have a keen sense of when immediate action is essential.

In cases where negotiated restructuring isn't feasible, we offer guidance to creditors, companies, and their directors on managing a formal insolvency process effectively. Once the formal process is initiated, we also extend our expertise to Insolvency Practitioners, advising on the myriad issues that can arise during insolvency proceedings.

Our specialty lies in advising directors on their duties when their company faces financial challenges, providing extensive experience and valuable insights in such circumstances.

We advise stakeholders in relation to:


Legal processes to manage insolvent companies, aiming to protect assets and find solutions for creditors.


Agreements between a company and its creditors to restructure debts and avoid insolvency.


Legal arrangements approved by courts, often used to reorganize company debts or facilitate takeovers.


Process for winding up a company with enough assets to pay off all debts and distribute surplus to shareholders.


Liquidation initiated by a company's directors when it can't pay debts, overseen by appointed liquidators.


Court-ordered liquidation of a company due to insolvency or failure to meet financial obligations.


Legal status of individuals or companies declared insolvent by a court, involving asset liquidation to repay debts.


Agreements between individuals and creditors to manage debts without declaring bankruptcy.


Appointed individuals or firms to manage and sell assets pledged as security for loans.


Temporary measure by courts to preserve assets and prevent their dissipation pending a final decision on liquidation.


Negotiated agreements between debtors and creditors to restructure debts outside formal insolvency proceedings.


We had an urgent need to raise finance. Michael Arnott was able to guide us through troubled waters with skill and intelligence. His expertise in restructuring and corporate finance, along with the wider firm’s knowledge of intellectual property and the med-tech sector, gave us the advice we needed in a quick and efficient manner. He is a valuable contributor at board meetings and understands how to help directors to carry their duties properly.

Contact our Restructuring Solicitors in Edinburgh & London Today

If you have hit a bump in the road, we can provide guidance.
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