Corporate Recovery
Gore and Company provides expert advice to directors, shareholders, managers and creditors of companies in financial difficulty.
The firm specialises in the corporate sector advising on rescue and restructuring plans and provides a hands on management service in turnaround situations including interim management services. We specialise in situations where a rapid and efficient approach to resolving a situation is critical to avoid it turning into a crisis.
Our experience has shown that a company that is experiencing financial problems can steer its way through its difficulties with the right advice and guidance. Help must be taken at an early stage.
Although we are experts in insolvency law we are foremost specialists in business rescue and recovery. We understand the business problems that are faced by firms in the current economic client and we have extensive experience in working with directors to solve these problems.
In some cases problems can be solved by carrying out a review of the business to identify a plan of action involving short term cash management, costs savings and restructuring. In other cases a formal procedure such administration or CVA may be appropriate if the business is facing severe pressure from its creditors.
Having the right professionals advising on the options available whilst at the same time reassuring the directors that they are fulfilling their statutory duties to the company and to creditors is invaluable if the business is to be saved.
We work closely with our clients to make sure that they fully understand the options available and the impact on the business, important contracts and on their personal positions in terms of personal guarantees they may have given to banks and suppliers.
We rapidly understand your business and develop a plan of action working with you to implement a workable solution.
More generally, we also work in the field of business closure where a company cannot be saved and can assist you to place a company into liquidation. Allied to our focus on the corporate sector is our service in Complex Insolvency aimed at assisting creditors to realise funds in a situation where assets have been dissipated and there are no obvious means of realising funds.