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Business Law Services

Businesses in Financial Trouble

Our team is led by Helen Tudball who is recognised in the Legal 500 for 2005 as a specialist in Insolvency and Corporate Recovery.

The fact that businesses run into financial problems or go through lean periods is a fact of life. However, our business recovery experts specialize in helping to turn around businesses and can give expert support on business reorganisations, turnaround and workouts. We are experience in overseeing arrangements agreeable to directors, creditors, banks and other stakeholders.

If you are a director of a business which is going through a rough patch you need to remember two things:

  • Experience shows that the earlier a business seeks professional help, the higher the chance the business will survive
  • If you continue to trade without addressing the problems, you could be personally liable if the business fails. Seeking professional advice on your position can assist in protecting you from such risk

What are the warning signs?

We have produced a guide to help you spot them. Also, click here for a list setting out many of the warning signs. If your business is or has experienced any of the matters mentioned, you may need to seek professional advice quickly.