Sometimes, it is too late to restructure a business and it becomes insolvent. When creditors force it into liquidation or receivership, directors must comply with their legal obligations.

This is a time of worry and uncertainty for most people. Although certain formal processes must be followed, it also is a time for empathy and understanding. Our licensed insolvency practitioners will guide the owners and directors through the process of liquidation or receivership and advise them on the correct actions they must take to fulfil their legal responsibilities.

When appointed, we will negotiate with the relevant parties to minimise losses and realise maximum value from the residual business.