Corporate Recovery & Insolvency
Things don't always go to plan. Occasionally our clients' foreign subsidiaries don't perform as well as expected, or financial problems arise, or you may need to collect a debt in another jurisdiction.
There often are ways of rescuing or restructuring, often helping return a business to a profitable state. A speedy rescheduling of debt may be all that is needed to avert financial disaster. The same is true of individuals facing personal bankruptcy or insolvency.
The limitation of personal liabilities is an important aspect of commercial life. It is imperative that consideration be given to the limitation of liabilities wherever possible.
Early assessment and advice is vital. You'll need to know the potential solutions to your problems. Whatever the issue – examining your immediate cash requirements; restructuring bank and equity financing; disposing of any surplus business assets; how to maximise your debt recovery; or turnaround and recovery advice – a specialist partner from the local UHY firm will be able to help resolve the problem.
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