Deloitte Touche Tohmatsu   Deloitte Touche Tohmatsu
 
 
 
Business insolvency solutions
Formal solutions for troubled or insolvent businesses

Our Business Insolvency Solutions (BIS) specialists provide timely solutions for financially distressed, operationally challenged or redundant businesses.

Our highly experienced BIS team can review businesses’ financial and operational circumstances, suggest alternatives and advise on the most appropriate course of action to deal with situations involving financial distress, solvency, board or management deadlock, operational challenges and organised wind-up of a redundant business.

Generally we are approached by business advisors – accountants and lawyers – or responsible directors who recognise a problem may exist in their organisation.

We work to give businesses in trouble a brighter future, and we recognise that financial distress can often be a pre-cursor to a period of flux and change within a commercial entity, and this can raise as many opportunities as it can threats. Financial advisory assistance and the preservation of the business are our key focus where financial distress or solvency is the issue.

Where appropriate, a business may continue to trade without the need for any formal insolvency appointment, and our practical experience and turnaround strategies alone can be enough to save a distressed organisation, without the need for insulation from legal recourse by creditors. Nevertheless, we are always working to ensure that stakeholders’ exposures are reduced as far as possible, and in some cases trading must cease immediately to prevent further losses, and reduce stakeholder exposure.

Contact us for more information about this topic.
 
 
 
     

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