Restructuring & insolvency
We help and advise business owners with financial problems every day, so we understand how stressful it can be when your business experiences difficulty. Some of the situations we encounter concern small companies and are simple to resolve. Others are more complicated, involving multiple international jurisdictions. Financial and operational problems require specialist skills and experience. Planning the most sensible way forward is key for companies under pressure from creditors, as well as advice on including directors' legal responsibilities.
The group works closely with bankers, venture capital funds and lawyers to restructure and refinance struggling organisations, across numerous industry sectors on projects that are both SA-based and international. Our first priority is to focus on recovery - both of the business and its corporate structure. Many businesses can avoid administration or liquidation by seeking professional advice as early as possible.