Sadly, as the economic cycle plays out, businesses can face uncertain times and investments may turn sour. Recourse to professional advice and the courts may be the best path to retaining or regaining value.
Grosvenor Law is here to help, whether you are an investor, shareholder, security holder or director, we can offer advice and fight your corner.
Our expertise covers all aspects of restructuring and insolvency litigation. We advise lenders and investors, contractual counterparties, directors and insolvency officeholders. In our experience, the earlier advice is sought, the better the outcome. There are many options available to stakeholders and there is no one size fits all approach. At Grosvenor Law, we work with you to find a bespoke approach that will deliver the best outcome to you.
Whatever your financial concerns, we fight to win.
If you have invested in a company that is now in financial difficulties, we can advise you on your options, including options for restructuring or taking formal court action to protect your position, such as a derivative action (if there is a concern that the directors are in breach of their duties) or an unfair prejudice petition.
If you have lent into a company that is facing financial difficulties, we can advise on the terms of your finance agreements (which will often provide that an insolvency event constitutes an event of default), identify whether you are in a position to accelerate your loan and enforce any security. We can also advise on whether formal insolvency proceedings (which are generally collective in nature) are the best course of action in your particular case.
If you are the director of a company in financial difficulties, we can advise you on your duties as director and ensure that you are acting in the best interests of the appropriate parties. This will help protect you against actions by an officeholder or directors’ disqualification proceedings further down the line. We can advise you on restructuring steps such as a voluntary arrangement or a scheme of arrangement. We can also advise you on formal insolvency proceedings such as administration and liquidation.