Corporate Recovery
Positive action if things go wrong
Business failure is painful. Coping with it can be traumatic. For those involved the state of mind engendered is often not that most conducive to good decision making.
Missing the warning signs, making the wrong decisions, being panicked into precipitous short term action - all can end in making matters worse. Mistakes may not only be costly, they may compound the problem and move matters from difficult to impossible.
Of all the times when you might need professional help, this is one where the decision to involve outsiders, and on what basis, is urgent and vital.
Constructive help
Any situation of business failure demands tough decisions, a pragmatic approach and an avoidance of obvious and easy options to concentrate on minimising the damage and enhancing the possibilities of recovery.
Whether you seek an adviser for yourself, or if you are a professional adviser needing to introduce assistance to your client, you want confidence in both the attitude and competence of that adviser.
The specialists in this area at CLB Coopers recognise that the role of the insolvency practitioner has changed in recent years. The most useful approach is supportive and in line with a “rescue culture”. As a result you will find not only that the necessities are dealt with sensitively and efficiently, but that innovative solutions are offered to maximise the options and minimise risks.
Stage by stage assistance
At the earliest stage, we can help interpret warning signs, prevent difficulties escalating and, if possible, stop the worst happening.
If matters are more advanced, you will be helped with all the ramifications: tax implications, the assessment of whether a trading solution is best or not, the merits of voluntary arrangements, through to the setting up and management of creditors meetings; and more.
The scale of involvement ranges from a half day "health check," to a full investigation, including assessment, monitoring, reporting and recommendation. For an initial consultation please contact Diane Hill click to email here or Mark Getliffe click to email here or call 0161 245 1000.
You can always rely on us to sort out the current situation and also to bring a positive view, to look to the future and to seek to make the very best of the situation, however bad it may seem.
