We provide specialist contractual, commercial and technical advice to banks and insolvency practitioners either pre-process, in a turnaround capacity, or post process, once a business has entered administration or become insolvent.

We are conscious that whilst the advice we provide needs to be accurate and well considered, speedy resolution is also essential. Our contractor focused commercial, claims and dispute resolution acumen enables us to take a practical and holistic approach from the perspective of “having been there and done it.” and our global presence and size enables us to react quickly to appointments worldwide, wherever in the world they may be.

We can provide a fresh eye to find solutions that may not be visible to the current management because they are too close to the subject. We can make critical decisions in order for the business to have the best chance of recovery: evaluate the extent of debt and work in progress; liabilities and opportunities arising from claim assessments; exit strategies for the recovery of outstanding debt; and retention and resolution of final accounts, claims and disputes.

In the event of business failure we offer candid advice on the potential recoveries available through the settlement of final accounts, the prosecution of claims and the collection of bad debts.

A further aspect of our service provision is advising banks on the viability of new loans to contractors and undertaking periodic monitoring of performance to ensure early warning of potential default.

Our services include:

• Strategic review of business
• Recovery plans
• Interim management
• Governance procedures and processes
• Book debt position and range of realisations
• Sales pack information on ‘live’ contracts
• Novation agreements for sale of contracts
• Recovery / collation of company records 
• Debt recovery
• Statutory demands and other legal actions
• Sub-contractor and supplier creditor claims
• Due diligence
• Expert reports
• Loan monitoring and project oversight
• Support to IPs