We are often instructed by companies and insolvency practitioners in relation to a broad spectrum of insolvency work, including administrations.
If you are facing pressure, often from an aggressive landlord or other creditor, administration could be an effective mechanism in which to deal with that pressure. It is designed to shield the company from creditors so that it can focus its resources on a restructuring plan. A “moratorium” is placed on any insolvency proceedings against the company and any pending winding up petitions are either suspended or dismissed.
By seeking advice from our skilled and experienced team, we can assist you by using the administration process intelligently and effectively in order restructure your company and ensure its future. Alternatively, we can provide you with advice and assistance in relation to appointing an insolvency practitioner and the possibility of a sale of the company (or a part of it).