From time to time entrepreneurial ventures fail. The duties owed by directors are well documented and it’s crucial directors and stakeholders seek expert advice to preserve assets of the business and minimize further losses to creditors.
Insolvency practitioners ultimately act for creditors and cannot advise directors on claims, issues facing them, nor can they advise on any offer for the potential acquisition of the business and assets. We will advise on all aspects of restructuring, solvent or insolvent, and insolvency procedures with your interests in mind.
In our experience, the sooner you take professional advice, the more options and solutions will be available to you.