We provide strategic counsel to businesses in financial distress—covering debt restructuring, formal insolvency procedures, contingency planning, and negotiations with creditors.
NC Law assess the situation in order to help the client to implement pragmatic plans that safeguard value, maintain operations, and satisfy legal requirements.
Key Areas of Expertise:
- Financial restructuring - waivers, covenant resets, maturity extensions, refinancing and intercreditor arrangements.
- Operational turnaround: supplier/customer renegotiations, asset sales.
- Insolvency procedures: preventive proceedings, reorganisation plans, insolvency filings, liquidations, director liability guidance, stays.
- Creditor-side strategies: security review and enforcement, recovery actions, challenge of suspect transactions, committee representation.
- Litigation & investigations: claw-back claims, fraud and asset tracing, challenges to preferential or undervalue transactions.
- Governance & risk: directors’ duties, risk mitigation, continuous disclosure and communication plans.