The unique advantage of Barrett Walker lies in our multidisciplinary approach. With a combined legal, accounting and consulting practice, our insolvency practitioners know about corporate insolvency and restructuring - be it for secured and unsecured creditors, directors or investors.
Companies in Financial Difficulty
From time to time, companies inevitably face financial distress and cash flow difficulties which may or may not be a sign of insolvency. The cause might be a temporary lack of liquidity or something more fundamental, but obtaining the correct answer to this question is important for the future of the company and its directors. Company officers have a positive obligation to prevent a company from engaging in insolvent trading and the financial health of a company is vital to the rights of shareholders and creditors.
At Barrett Walker, our insolvency practitioners will analyse the options available to a company given its financial performance and advise the company on the most appropriate course of action for debt recovery, which may include a trade sale, "safe harbour", administration, schemes of arrangement, liquidation or in certain circumstance receivership. We may recommend formal or informal arrangements to consolidate and restructure a company's balance sheet.
We offer complimentary, obligation free 30-minute consultation to assist you in exploring your best options and develop a plan to rescue your business.