Turnaround and Restructuring
Often times, companies look to restructure their affairs too late in the day and as a result can only avoid liquidation or receivership by obtaining Court protection by way of the Examination process. However if companies experiencing credit and / or cash flow management difficulties act early they can often address these problems by reaching terms with suppliers and / or financial institutions without the need for the additional costs of the examination process.
At its simplest, restructuring means
- Business direction review
- Proper cash flow management
- Cost reduction
- Debt negotiation (formal or informal)
- Refinancing
How Outlook Accountants can help?
If you wish to discuss above corporate restructuring services, please contact Mícheál Leydon.
Phone: +353-1-55 44 005 or Email: mleydon@outlookaccountants.ie