As the business operating environment evolves, so too do the challenges facing business owners, boards and management.
Challenges and issues involving debt and liabilities require specialist knowledge and skills that only qualified external providers can provide. Taking action early is crucial when a business is under financial stress and a corporate insolvency specialist may be able to explore other options available, including accessing Safe Harbour provisions, bankruptcy and debt restructuring.
There are a number of things that should be considered when reviewing the position of a business, including non-financial and financial considerations. Within both of these, proactively identifying and reporting any issues is paramount, as is the documentation of issues and potential risks. The sooner issues are communicated and investigated, the more likely a resolution will be found.
How we help clients
HLB Mann Judd has extensive experience and expertise across a number of sectors and industries, including retail, building and construction, manufacturing, hospitality, technology, and early-stage businesses. We work in conjunction with insurers, creditors and other stakeholders to achieve the best possible outcome for clients, their customers and supply chains.
Our qualified corporate insolvency services specialists act in the best interests of our clients. It can be a sensitive and contentious process, however acting quickly and decisively can assist with salvaging a business while extracting any monies owed to the relevant parties.
Our specialists have advised and acted for company directors, creditors, secured lenders, shareholders and regulators in formal capacities, such as:
- Voluntary administrators
- Private and court appointed receivers and managers
- Agents for Mortgagee in Possession and Section 66G Trustees
- Provisional and Official Liquidators
- Liquidators in creditors’ voluntary winding ups
- Expert witnesses in insolvency-related legal proceedings.