Insolvency

Services

Insolvency

When a company is in distress, the management team faces many competing challenges. This can hinder their ability to identify opportunities during what is usually a very stressful and complex transition. Financial misfortune can strike any business or individual with potentially serious and far-reaching consequences. But an experienced adviser can help you through this stressful time, minimise the impact and put you on the road to recovery, while securing the best achievable outcome for creditors and other stakeholders.

Insolvency and corporate recovery legislation varies greatly throughout the world. Some countries have almost no rules in this area while others have a complex maze of legislation. In either event, having an insolvency expert from a PKF firm on your side is a must. We assess the situation, spotting the risks and opportunities, and considering the merits of each option (or combination of options) for the different stakeholders.

Our services include but are not limited to:

  • Forensic claims review and adjudication
  • Forensic review of specific transactions (Preferential, Undervalued and Extortionate, Fraudulent or Wrongful Trading)
  • Assistance in ongoing monitoring of operations
  • Asset tracing
  • Due diligence on bidders
  • Liquidation analysis and support
  • Compliance and monitoring of insolvency resolution plan
  • Company voluntary arrangement
  • Creditors voluntary liquidation
  • Compulsory liquidation
  • Understanding the financial and legal alternatives when insolvent
  • Assistance in securing DIP financing
  • Expertly communicating with stakeholders, such as lenders, trade creditors, and employees
  • Efficiently managing cash flow
  • Recognizing and dealing with preference and avoidance
  • Preparing and implementing reorganization plans
  • Overseeing proof of claim process
  • Maximizing recovery through effective organizational restructuring and/or liquidation of assets

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