Restructuring and voluntary liquidations

We have an excellent reputation and proven track record on business restructurings, through advising on sale and asset transfer agreements, to support with buying assets and goodwill from insolvency appointees, including assisting with voluntary liquidations. We provide strategic advice to management to address the challenges faced by businesses to reduce costs and improve efficiency, whilst continuing to deliver quality service and an engaged workforce.

When required we can draw on support when required from Forbury People, our subsidiary HR consultancy that often work alongside us providing specialist skills on particular projects.

Redundancy

We are experienced in providing advice to businesses of all sizes who need to embark on a redundancy process of any scale. In addition to legal support, we can support with stakeholder engagement, communications support, scenario planning and project management. We can provide template documents for all aspects of the redundancy and consultation process, with in-depth expertise to help you anticipate and address more difficult challenges, from union negotiations and industrial disputes, to sensitive communications and employee engagement.

Business sales

We take care to understand the underlying assets and liabilities of the business and your key objectives. Transferring assets and liabilities can be tricky and expensive if not done correctly. Working closely with you and your other professional advisers, we quickly identify those assets and liabilities that will form part of the sale and seek to ensure that the legal documentation properly deals with the transfer of such assets and liabilities including obtaining any third party consents and dealing with any novation and assignments.

Changing terms and conditions 

Sometimes restructuring a business involves the need to get existing employees to adapt and/or accept changes to their terms and conditions of employment. However, change to T&C’s may involve having to comply with collective redundancy consultation processes and a careful analysis of the business case to avoid unfair dismissal and/or breach of contract claims. Over the years we have helped many clients with their changes to T&C’s to successfully navigate these sensitive issues, ensuring a smooth transition and restructure their businesses for the future.