Gore & Company provides advice and hands on implementation of restructuring schemes for businesses including groups of companies.

Restructuring services are supported where necessary by taxation advice which sometimes leads the commercial considerations and determines the entire approach to restructuring. Gore & Company can advise on the most suitable approach to corporate and business restructuring.

Our approach is to support the rescue of businesses by establishing a new business structure that makes economic and financial sense given the financial problems being faced by the company. This may go in hand with a solvent or an insolvent liquidation or other procedure. In these situations it is critical that schemes are introduced for protecting the underlying business:

1. Steps must be taken to ensure that important customer or supplier contracts, including leases, do not terminate as a liquidation based restructuring is implemented.
2. Important customers & suppliers may have to be informed of the intended plans.
3. The taxation implications of asset transfers must be properly provided for an appropriate tax clearances received from the Inland Revenue.

Gore & Company works closely with venture capital firms, private angel investors and banks that provide funding for valuable business restructuring enabling owner managers to fund rescues of profitable underlying businesses.

Contact us for a free consultation or free initial business review.