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Advice for
Businesses

Our highly experienced Restructuring team has helped many distressed businesses in the South West and further afield to turn their fortunes around. 

The first and most important step is to seek help identifying the problems and how best to fix them. Stephens Scown is a proven expert in advising businesses on restructures and insolvency.

Our experience includes:

  • accelerated sales by distressed businesses, or buying a business or assets from a liquidator or administrator
  • voluntary arrangements and debt workouts
  • restructuring by working with lenders, creditors and other stakeholders to save viable businesses without a formal insolvency procedure
  • clarifying what insolvency procedures mean, and how to gain the benefits and obtain protection from action by creditors
  • advice to company directors and business owners about how to act in an insolvency situation to avoid claims being made against them personally
  • defending Company Directors’ Disqualification Act proceedings
  • defending claims brought by liquidators and administrators for breach of director’s duty, voidable preferences, transactions at undervalue, transactions defrauding creditors, wrongful trading, or other breaches of insolvency or company law.

Our expert team has also helped with:

  • employment law issues (in conjunction with our Employment team) to avoid or reduce claims by employees
  • dealing with landlords
  • issues caused by the insolvency of a key customer or supplier
  • terms and conditions of business, to minimise insolvency risk or make income easier to secure.

 

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