The environment in which a business operates can be punishing and unfortunately at times companies may find themselves in distress. At O’Brien Crowley we have a team of experienced professionals with experience in navigating clients through such difficult times. We will review all options available and provide calm, practical advice. Included amongst the options available are:
The optimal approach is to develop a business plan to return a business to profitable growth. We have a depth of experience in formulating options including identifying suitable partnerships and outside investment through our extensive networks, debt restructuring and cost control.
Receivership is almost always instigated by a debt holder i.e. the bank on foot of a charge over the assets of a company. At O’Brien Crowley we are licenced and have the experience and expertise to accept such appointments.
A liquidator may be appointed by the courts or by way of creditors meeting. Alternatively a shareholder may wish to discontinue trade and extract remaining value from a company or a group may wish to rationalise their structure through reducing number of dormant entities. We have the expertise and experience to accept any such appointments.