Company Restructuring can
SAVE YOUR BUSINESS
We are insolvency experts working with directors to identify the “least drastic solution” to save their business. Whilst saving the business we also ensure that the directors are personally protected.
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WHY CHOOSE US?
Our Company Restructuring Service
Most companies will face difficult financial challenges at some time. Those challenges can range from simply “underperforming” through to “insolvency”.
The simplest solution is what we call Informal Restructuring – which is where we work with the directors, and some or all of your creditors, to come to a negotiated solution to return your company to financial health. This is done behind-the-scenes and avoids the use of formal appointments (such as Voluntary Administration) and the Courts.
MEET OUR
Experienced Insolvency Practitioners
Unlike most other firms, our Practitioners have practical experience from an actual economic crisis
Fellow of Chartered Accountants Australia & New Zealand, Registered Liquidator, Member Association Independent Insolvency Practitioners
John has more than 30 years specialist experience in corporate recovery, restructuring and reorganisation. He was a Partner of one of the Big4 Accounting firms, Ernst & Young in the Transaction Advisory Services Division for 24 years and Leader of the firm’s National Corporate Restructuring practice. John’s experience allows him to deliver optimum results for his clients. This has been best demonstrated by his key role in a number of complex corporate restructurings including Greyhound Racing NSW Pty Limited and New Cap Reinsurance Corporation Limited.
Chartered Accountant, Board Member of Association Independent Insolvency Practitioners, Member of Turnaround Management Association, Member Australian Restructuring Insolvency & Turnaround Association, Registered Liquidator
Cliff is a corporate restructuring specialist with over 30 years of experience in Australia and internationally. He is the founder and Chief Executive Officer of Restructuring Works. In the last 10 years he has been appointed to over 700 companies. He was a Partner of Ernst & Young for 10 years. His experience ranges from Voluntary Administration to sale of business, due diligence and valuations. Cliff has been the lead adviser in some of the largest restructurings in the Asia Pacific region including twenty four listed companies with debts of over two billion dollars.
Why you need an expert?
Informal Restructuring or business restructuring can be a complicated and technical area. It is very important that your solution complies with commercial practice and that the agreements and terms don’t breach the Corporations Act. And there is a lot to consider including Insolvent Trading, sale of assets at undervalue, and employment laws.
It’s an area that is unfamiliar to most directors and so there is no substitute for experience. Each of our experts have been doing this type of work successfully for over 20 years.
How do we help?
The specific services we provide under the broad term Informal Restructuring vary with the situation, but will normally include one of the following:
Financial Business Restructure
To help deal with the capital structure of your business, including the mix of debt to equity, and it may involve negotiating “haircuts” for some of your creditors.
Debt Refinancing
To reschedule or reduce existing company debt by assessing the different financial options available, or by renegotiating existing terms.
Operational Restructuring
To identify the causes of operational underperformance and develop a strategy to improve performance.
Business Stabilisation
To help a business through short term and unexpected financial distress, such as the loss of a big contract.
Speak to an Insolvency Practitioner today.
Simple steps with our insolvency experts
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Book your consultation
We Call You
We have a preliminary confidential phone discussion. We’ll gather some information and discuss the basics of the process.
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We provide our recommendations in writing with an engagement letter or formal appointment documents
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You sign the forms when you are ready to proceed.
Credentials
Our professional memberships
Chartered Accountants
Members in-house
Association of Independent
Insolvency Practitioners
AIIP Board Member in-house
Turnaround Management
Association
Members in-house
Association of Independent
Insolvency Practitioners
ARITA Members in-house
Contact Us
Restructuring Law can be a complex area and circumstances vary, so we recommend a telephone call for your initial consultation. We will then gladly meet you or just confirm our advice and quote in writing.
Please either give us a call or submit the form and we will get back to you.