Directors of cash-squeezed and distressed companies – 5 liability points to note

  We recently published an article that covered dealings between directors and their companies, and concluded with a reference to acts that can be challenged in the unlikely event of administration or other insolvency process. How quickly circumstances change; two months later, even the healthiest of businesses are preserving cash and those ‘unlikely’ events are…

Acquiring distressed assets – 5 top tips for buyers

As competition for attractive assets becomes ever more intense, a wider range of investors are looking for businesses that are “distressed”. This normally means the asset is priced at below market value, often because the owner of the asset is having difficulty dealing with its liabilities, needs to raise cash or strategically wants to eliminate…