{"id":3455,"date":"2025-02-03T12:47:54","date_gmt":"2025-02-03T12:47:54","guid":{"rendered":"https:\/\/isquaredemo.com\/MLT\/scomo\/?page_id=3455"},"modified":"2025-02-21T11:21:01","modified_gmt":"2025-02-21T11:21:01","slug":"insolvency-restructuring","status":"publish","type":"page","link":"https:\/\/isquaredemo.com\/MLT\/scomo\/services-for-business\/insolvency-liquidation\/insolvency-restructuring\/","title":{"rendered":"Insolvency & Restructuring"},"content":{"rendered":"\t\t
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Insolvency & Restructuring<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Quick thinking, pragmatic approaches for distressed businesses and individuals<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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When a company runs into financial difficulties events can move alarmingly fast. This is why you\u2019ll need the expertise of a legal team, responding quickly and think on its feet, to navigate you through the storm. Scott-Moncrieff\u2019s top-flight corporate lawyers have the track record and expertise to take the necessary steps to minimise damage and to try and keep insolvency proceedings at bay.<\/p>

If high debt is the reason for the financial difficulties, we\u2019ll focus on restructuring the debt so that the business remains viable. If operational issues are at the root of the problem, we\u2019ll take a range of steps such as negotiating payment holidays with creditors and improving the management and day-to-day running of the business so that the debt can be more easily serviced.\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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What can be done to avoid insolvency litigation?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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A pro-active legal team that knows its stuff will ensure that before an individual or company is taken to court a restructuring or out-of-court arrangement is set up to agree an alternative repayment schedule that will satisfy creditors. For example, \u2018schemes of arrangement\u2019 have become increasingly popular both in the UK and abroad. These entail an agreement between a company and its creditors to reduce debts and are viewed as more affordable than other restructuring tools.\u00a0<\/p>

Whether your business is cash-flow insolvent or balance-sheet insolvent, our lawyers will also make sure that any company directors fulfil the specific duties the law requires so they don\u2019t have to face damaging personal claims or, at worst, disqualification.\u00a0<\/p>

You\u2019ll find that our\u00a0specialist insolvency lawyers<\/a>\u00a0have that all-important combination of commercial awareness and excellent communication skills needed to deal with people in highly pressured insolvency situations. We also have extensive experience of negotiating and liaising with other professionals such as accountants or liquidators.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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An international insolvency service<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Our legal team\u00a0currently offers advice to national and international clients and we\u2019re highly experienced in managing cross-border insolvency matters. We work with individuals, directors, banks, businesses and insolvency practitioners and cover the full spectrum of insolvency and restructuring work, serving clients internationally and throughout\u00a0England, \u00a0including London, Bristol, Bath, Leeds, Manchester, Newcastle and Birmingham on a range of matters such as:\u00a0<\/p>