BDO’s Business Restructuring team will always try to avoid a formal insolvency procedure if at all possible. However, there are instances when a business cannot be turned around or rescued. Insolvency may therefore be the best way to recover a viable part of a business or to realise the assets in the most efficient way to maximise the recovery for creditors.
Our team of restructuring partners will act quickly and collaboratively to help you achieve the right outcome from a formal insolvency process. Our services include but are not limited to:
- Administration Appointments
- Company Voluntary Arrangements (CVA’s)
- Creditor’s Voluntary Liquidations (CVL’s)
- Compulsory Liquidations (CPL’s)
- Fixed Charge Receiverships
- Special Administrations
- Pre-Pack Administration Sales
- Director’s Duties
- Contingency Planning
We regularly work with investors, creditors, the courts and directors to protect and maximise value for all stakeholders. BDO is represented on every lender panel throughout the UK, which gives us a unique ability to assist companies in their engagement with key stakeholders.