IMPORTANT NEWS REGARDING THE INTEGRATION OF SYSTECH SOLICITORS

Systech Solicitors is an independent legal practice, fully approved and regulated by the Solicitors Regulation Authority ('the SRA'). Systech International and Systech Solicitors enjoy a close working relationship and the Legal Services Act 2007 has introduced an opportunity to bring our practices even closer. In light of this, the Systech International and Systech Solicitors websites have been integrated to reflect this business relationship. Please note that only services provided by Systech Solicitors are regulated by the SRA. To inform you of which areas of the website relate to the solicitors' practice and services provided by it ('a Regulated Area') and which areas do not ('a Non-Regulated Area'), a window blind will appear. This window blind will appear automatically when you move from a Non Regulated Area of the site to a Regulated Area or vice versa.

Please click the continue button to confirm your understanding that only Systech Solicitors is regulated by the SRA.

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BUSINESS TURNAROUND - COMPANY DISPOSAL

Business Turnaround - Company Disposal

Systech was appointed by a major UK contractor to improve project performance on its portfolio of PFI schemes as a consequence of which we were able to recover additional monies through variations and claims.

Systech was subsequently retained by a turnaround specialist to assess the contractors financial position and assess costs to complete for live projects. Following our analysis the banks gave loans, which we monitored, and we then provided commercial management to close out the projects.

We improved the business trading position of the company and closed out liabilities to allow its sale.

Value: Undisclosed
Region:Europe
Country:UK
Sector:Construction
Contract:Various
Business Turnaround � Company Disposal