Clout Advisory offer experience, integrity and real-world know-how. Make no mistake, Turnaround, Restructuring and Insolvency services are complex issues that require high levels of technical ability. However, we also offer an empathetic approach to all the stakeholders involved. Rest assured, we know that stress levels can be running high. We have the expertise to carefully manage and address competing stakeholder interests. Furthermore, we take command to quickly address the situation. We then utilise an array of appropriate options to maximise the overall benefit to all involved.
Turnaround and restructuring assignments are similar but have some crucial differences. For instance, turnaround assignments address strategic issues affecting profits or profitability. Whereas restructures focus on cashflow shortages. Cashflow shortages can be caused by profitability issues being allowed to run on for too long. Other factors include ownership disputes, financing structure issues, or breaches. Whatever the problems, one thing is clear, the earlier you act, the better the outcome.
Suppose there is a question as to the Solvency of a Company. In that case, Directors can seek formal protection known as Safe Harbour. This provides protection against actions for damages for breaching the Insolvent Trading provisions of the Corporations Act.
We can run an active role in the process. Our involvement is particularly important if stakeholder trust has been lost. If stakeholder trust still remains, we can review the Restructuring Businesses plans and challenge them. This will either demonstrate the need for change or provide comfort.
Key to our successes is our detailed understanding of different industries and professions. Furthermore, we have vast experience in implementing and managing change. Change is a crucial component of a successful Turnaround or Restructure.
Feel free to contact us regarding these issues. You can be assured of complete confidentiality, and an exploratory discussion is free of charge.
Our insolvency service offers an experienced and highly skilled team of registered liquidators in Coffs Harbour and Gold Coast. We act for business owners, company directors, banks, creditors, legal advisors, investors and regulators. Moreover, we have extensive insolvency experience in industries such as energy, retail, property and construction, manufacturing, logistics, agricultural sector, tourism, hospitality and registered clubs. At Clout Advisory, we listen to all stakeholders to understand their objectives. We then implement a strategy that maximises their returns. As a result, we aim to protect creditors’ interests, minimise losses, manage all claims and, if appropriate, pursue recoveries.
Deeds of Company Arrangement
Creditors Voluntary Liquidations
Members Voluntary Liquidations
Simplified Debt Restructuring Appointments
Receiverships and Receiver and Manager Appointments
Trustee in Bankruptcy
Controlling Trustee Appointments under Part X of the Act
Trustees of Personal Insolvency Agreements
Assisting in the implementation of Debt Agreements under Part IX of the Bankruptcy Act
Receivers under Section 66G of the Conveyancing Act
Court Appointed Receivers on the dissolution of Partnerships
Investigating Accountants Appointments