How to Rescue a Sickly Company – alternatives to winding up

Virtual

Event: How to Rescue a Sickly Company – alternatives to winding up

Location: Virtual

Time: Tuesday 10th November, 9:15am

Prices: £127.50 + VAT (member) / £255 + VAT (non-member)

Winding up is the death of a company and everybody loses.

Equally, sometimes it may the wisest move, particularly for the directors.

But, short of further capital being injected, or better management, there are other options.

• a moratorium allows the directors time to work out what to do next
• a company voluntary arrangement can marginalise difficult creditors – and is relatively cheap
• a scheme of arrangement can rejig the capital structure of a company
• a reconstruction plan can overrule an objecting creditor
• administration can allow a company to keep its core business going, good for directors, employees and customers

This virtual classroom, replete with the latest case-law, provides a good overview of corporate rescue mechanisms, their benefits and their drawbacks.

To book click here.