Insolvency services Insolvency services and procedures

A Company Voluntary Arrangement (CVA) allows a company to trade under the control of its directors and come to a legally binding agreement to settle debts over a fixed period.

Company Voluntary Arrangements

A creditors’ voluntary liquidation brings a company to a close, under the guidance of a licensed insolvency practitioner who acts as the liquidator.

Insolvent Liquidations

Solvent liquidation is an option when a solvent corporate entity requires winding down, often in a tax efficient manner.

Solvent Liquidations and Corporate Simplification

Administration is a formal insolvency procedure that can be used to restructure and rescue all or parts of a viable business.

Adminstration

A moratorium is an option for companies in financial distress and provides breathing space from creditor action to formulate a turnaround plan.

Moratoriums

It may be possible to avoid a formal insolvency procedure by working with stakeholders to implement a recovery plan.

Advisory