For management, lenders, shareholders and other stakeholders in businesses facing financial under-performance or crisis, Holmes delivers restructuring solutions and assistance to help build a platform for recovery.
We understand the benefits of preserving a business and have a strong track record of:-
- Business reorganisations and schemes of arrangement
- Turnaround, workouts and wind downs
- Company voluntary arrangements
- Debt restructuring
- Refinancing
- Business sales and management buy outs (MBO’s)
- Insolvency options
- Director’s responsibilities and duties.
Our experienced industry specialists enable us to tailor solutions to the circumstances and needs of a distressed business and its stakeholders. Specialist input is required in order to minimise risk when granting credit, while at the same time ensuring that economic viability is maintained.
On the other hand, once the need for the liquidation of a corporate entity or the insolvency of an individual has been established, there is a requirement that the liquidation process be administered to the best advantage of creditors. We work with a range of stakeholders on all aspects of insolvency and corporate recovery to find practical solutions to challenging financial and business scenarios.
We are a highly active practice, advising all the leading insolvency practitioners, major accountancy firms, banks and National Asset Management Agency (NAMA) as well as advising companies, creditors, shareholders and company directors. Our extensive expertise in national and cross-border insolvency matters includes examinerships, receiverships, liquidations (voluntary and involuntary) and bankruptcies.
Our services include advising company directors on matters such as reckless trading, fraudulent trading, misfeasance and restriction or disqualification. We also act for shareholders in exercising their legal rights against companies or directors who have engaged in wrongful conduct or minority oppression.
We have significant experience in advising domestic and foreign secured creditors on their security enforcement and distressed asset recovery.