Formal insolvency

RSM’s formal insolvency team has the experience and skills needed to advise you on optimal strategies and negotiate the best possible outcomes on your behalf.  

If a business is being pressed by creditors or regulators, and neither a correction nor a restructure is available, it is essential directors take advice on their position and their obligations under the law. 

Not surprisingly, this is unfamiliar territory to many. But, promptly taking the correct action will help to make the best of any retrievable value in the business, and provide the requisite protection.

In some cases, this can lead to a better outcome than principals and stakeholders might have dared to hope for.

RSM’s licensed Insolvency Practitioners (IPs) are knowledgeable and well-versed in the administration of trading bodies and asset protection.

Our negotiation skills and experience in relationship management enable us to deal with all issues when handling the technical aspects of liquidations or receiverships.

When necessary, we can step in at short notice to act as administrator, administrative receiver, supervisor or liquidator.

Though the circumstances may be difficult, our professional approach will serve the interests of damage limitation and reconstruction, managing exposure to loss and realising value where possible. 

If you feel you may be able to benefit from our services, please do not hesitate to get in touch with our formal insolvency team.