Receivership

In some instances, the most effective solution for a security holder may be to appoint a receiver.  If you are dealing with a company that is unable to pay its debts, and you have an appropriate agreement in place, you may be able to appoint a receiver to deal with the assets over which you hold a security.

We are experienced in handling receiverships, and the subsequent sales of businesses and their assets. Receivers are empowered to continue trading, and will often achieve a better price by selling the assets as a going concern, whilst saving jobs. We aim to recover funds for creditors as quickly and effectively as possible, and we always take a commercial approach to maximising the return to the secured creditor.

We accept appointments as receivers and managers on behalf of general and specific security holders and will report regularly on progress and realisations.