Restructuring Services
Provisional Liquidation, Restructuring Officers, Scheme of Arrangements
During periods of distress it may be possible to restructure the affairs of the business such that it can continue in whole or in part as a going concern. Restructuring within a court process will typically involve the promotion of a scheme of arrangement whereby compromise agreements are reached with different classes of stakeholders. In the context of an insolvent liquidation, schemes have historically been promoted within a provisional liquidation in order to obtain a stay of proceedings and in the Cayman Islands, there will also be options to promote schemes under the new Restructuring Officer regime.
Experienced R&H Restructuring professionals are able to act as provisional liquidators and restructuring officers appointed by the Courts and also as scheme trustee. We bring significant experience in dealing with commercial negotiation and financial restructuring in order to present and administer a restructuring plan that is capable of being agreed by stakeholders and the Court.
R&H Restructuring
R&H Restructuring is a member firm of the “Nexia International” network.
Nexia International Limited does not deliver services in its own name or otherwise. Nexia International Limited and the member firms of the Nexia international network (including those members which trade under a name which includes the word NEXIA) are not part of a worldwide partnership.
Nexia International Limited does not accept any responsibility for the commission of any act, or omission to act by, or the liabilities of, any of its members. Each member firm within the Nexia International network is a separate legal entity.