Where your company is facing financial and strategic difficulties, the following guides outline and explain some of the options available to your business:
A Company Voluntary Arrangement (CVA)
A procedure in which a company proposes a plan to repay its debts and satisfy its creditors and shareholders: Is a Voluntary Arrangement Right for me?
A procedure which places an insolvent or likely to become insolvent company under the control of an Insolvency Practitioner and the protection of the court: Administration
Pre-packaged Sales (Pre-Pack)
An agreement for the sale of an insolvent company’s business and assets which is put into place before formal insolvency procedures take place: Pre-packs
Where your business requires specialist assistance with turnaround or restructuring:
The Ostrich Guide to Business Survival