The team at Moore & Tibbits are able to provide a full range of corporate restructuring and insolvency services to lenders, insolvency practitioners, companies and their directors, other law firms and to individuals. We have a wide network of professional contacts, ranging from insolvency practitioners to business consultants and funders, who are able to assist in how best to resolve the issues or restructure a business.
We offer our services either as a complete service package, advising clients from the outset of an initial enquiry or transaction through to its conclusion or as any number of individual services which may compliment services provided by another law firm or professional services provider.
Many businesses have profitable elements that can be adversely affected by loss making contracts or underperforming elements within a business. We advise on the options available to restructure, advising on optimal and timely disposal of assets as well as disposing of entire businesses. We will seek the right solution for a business, deliver restructuring solutions where possible, and help build a platform for recovery.
We advise a wide range of insolvency practitioners on all aspects of insolvency, giving us an understanding of all aspects. This in turn means we are well placed to advise Directors, either as part of a wider set of company services or as an individual on their personal insolvency concerns and their own personal liabilities in the event of any business failure.
All companies should regularly review their financial position and their assets, in order to consider appropriate time for rationalisation and disposal of assets. Getting as much value as possible from assets has much to do with the timing and the method of disposal. Our team can help make these assets work for your business on an ongoing basis.
Understanding your duties as a director in a business which may be experiencing or about to experience financial distress, is imperative. We are commonly asked to advice clients to explain the risks of personal liability under the Insolvency legislation, whether for instance the risk of wrongful trading or misfeasance. A director is always best placed to seek advice at the earliest possibility.