Hill Dickinson can work with and advise directors, management teams, financial institutions, lenders and insolvency practitioners whenever a business is in a distressed situation.
We provide practical and commercial advice to boards of companies or individual directors when their businesses are faced with financial difficulty to ensure that they comply with their legal duties. We always give such advice on a discreet and confidential basis. Our experience ranges from advising boards of major plcs to sole traders.
We also advise lenders and other creditors when a debtor business hits difficulties. This advice often results in enhanced security or better recovery if other options fail.
We advise on exit strategies for the whole or parts of a distressed business, including techniques like pre-pack administrations. We advise purchasers who are looking to acquire businesses or assets out of insolvency. We have the ability to react quickly when a sale needs to be done as a matter of urgency, as is often common in insolvency situations.
Our experience and expertise means that we are in a unique position to provide advice or assistance in business restructuring or insolvency, however it might affect a client.
Our advisory services include:
- Security reviews
- Contingency and exit planning
- Trading issues
- Advice to directors
