Insolvency Resolution Services
Generally, corporate insolvency practitioners are appointed to corporations (usually companies) which are in
financial difficulty or are insolvent. Their main task is to devise and implement a plan for the recovery of
the company, or arrange for the winding up of the company in a manner which, as far as possible, maximises
the returns to the company's creditors and members.
In corporate reconstruction as insolvency practitioners to:
- analyse the viability of the company within its market environment;
- choose a course of action for the company from among a range of possible options for the company's reconstruction;
- negotiate approval, and then implement, manage and monitor the plan; and
- simultaneously manage the day to day operations of the company.