Eufin Consult’s Post

What does the insolvent liquidation process actually look like? It’s simpler than you might think! 1️⃣ Pre-Appointment: The director and liquidator work together on a Statement of Affairs, providing a detailed overview of the company’s financial health. Shareholders and creditors then vote to appoint the liquidator. 2️⃣ Post-Appointment: After being appointed, the liquidator manages the process, selling assets, distributing funds, and reporting on the directors' conduct. Facing insolvency? Don’t wait until it’s too late—take action today. Contact our experts to guide you through the process. Let’s navigate this together. #InsolventLiquidation #BusinessHelp #ForbesBurton #CompanyFinance #DirectorSupport #LiquidationAdvice

Pivot Group Leading the Restructuring of iCap to Maximize Investor Recoveries Lance Miller of Pivot Group serves as the Chief Restructuring Officer for iCap, a Washington-based real estate investment firm amidst allegations of operating a large Ponzi scheme. Under the CRO’s leadership, the Debtors are pursuing confirmation of a joint plant of liquidation with the Official Committee of Unsecured Creditors.  Confirmation has overwhelming support from the investor and creditor body.   Next week’s confirmation hearing is a critical milestone, marking iCap’s transition from bankruptcy into the iCap Trust, designed to accelerate investor recoveries. This step will also lay the groundwork for holding responsible parties accountable for their actions. A successful confirmation will allow the Trust to pursue all avenues to ensure maximum recoveries for investors, with Pivot Group committed to achieving the best possible outcome. 🌐 Learn more about how Pivot Group supports companies in distress: pivotgrp.com #Restructuring #InvestorRecovery #Bankruptcy #PonziScheme #iCap #PivotGroup #Turnaround   

Understanding Liquidation: A Straight Talk Guide Let's cut through the jargon and get real about liquidation. It's a word that can send shivers down the spine of any business owner, but it doesn't have to be the end of the world. At LemonAide, we're here to guide you through the process with clear, straightforward advice. Liquidation is essentially about winding up your company's affairs. It happens when your business can't pay its debts and needs to sell off assets to meet these obligations. Sounds harsh, right? But sometimes, it's the most practical step towards resolving financial woes. Now, before you jump into liquidation, it's critical to explore every option. At LemonAide, we don’t just look at liquidation; we examine your entire financial picture. Our approach involves assessing your company’s books and your personal financial situation to find the best way forward. This might mean restructuring your business, negotiating with creditors, or considering alternatives like safe harbour provisions. We know it's not just about the money. It's about the stress, the sleepless nights, and the impact on your life. That’s why we're here to support you every step of the way. Our aim is not just to help you navigate through this tough time but to find a path that safeguards your future. If liquidation is the right choice, we'll guide you through the process, ensuring it’s done ethically and legally. We'll focus on protecting your personal assets as much as possible and work towards a solution that minimises the impact on you and your family. So, if you’re feeling the pressure of financial strain and think liquidation might be on the cards, let’s talk. Reach out for a free consultation. We’re here to give you the support, advice, and empathy you need to make informed decisions about your business's future. #debt #bills #businessdebt #businessowners #business

Here are some steps you should be aware of if you are considering liquidating your company. Here at Frost Group, we can offer professional advice to ensure that all necessary steps are taken to complete the liquidation process successfully. Find out more about how we can help you: https://lnkd.in/ecbdQ_Rp #liquidation #insolvency #bankruptcy #insolvencypractitoner

#ExitStrategy Limited Company Liquidations When people refer to liquidation they more than likely mean a Creditors Voluntary Liquidation (CVL), this may be the best solution if your company is struggling with debt, cash flow problems, or suffering from creditor pressure, and you don’t want to keep it running. There is another type of liquidation called a Members Voluntary Liquidation which can be used if the company is not in difficulty but the directors wish to close it down and withdraw its assets. If there are no assets or funds of any type within the company to pay for a liquidation then our Limited Company Closure service may be a better option. Need some free advice about liquidation? 📞 Call us today on FREEPHONE 800 975 0380 💻 Or visit our website at www.forbesburton.com We're here to help! #BusinessSupport #SmallBusiness #MediumSizedBusiness #ProblemSolvers #FinancialAdvice #BusinessGrowth #HonestGuidance #ForbesBurton #ExpertConsultants

Understanding Liquidation: A Straight Talk Guide Let's cut through the jargon and get real about liquidation. It's a word that can send shivers down the spine of any business owner, but it doesn't have to be the end of the world. At LemonAide, we're here to guide you through the process with clear, straightforward advice. Liquidation is essentially about winding up your company's affairs. It happens when your business can't pay its debts and needs to sell off assets to meet these obligations. Sounds harsh, right? But sometimes, it's the most practical step towards resolving financial woes. Now, before you jump into liquidation, it's critical to explore every option. At LemonAide, we don’t just look at liquidation; we examine your entire financial picture. Our approach involves assessing your company’s books and your personal financial situation to find the best way forward. This might mean restructuring your business, negotiating with creditors, or considering alternatives like safe harbour provisions. We know it's not just about the money. It's about the stress, the sleepless nights, and the impact on your life. That’s why we're here to support you every step of the way. Our aim is not just to help you navigate through this tough time but to find a path that safeguards your future. If liquidation is the right choice, we'll guide you through the process, ensuring it’s done ethically and legally. We'll focus on protecting your personal assets as much as possible and work towards a solution that minimises the impact on you and your family. So, if you’re feeling the pressure of financial strain and think liquidation might be on the cards, let’s talk. Reach out for a free consultation. We’re here to give you the support, advice, and empathy you need to make informed decisions about your business's future. #liquidation #businessowners #directors #australianbusiness

At Cavendish we are proud to have been trusted to be lead financial adviser on more firm takeover offers in 2023 than any other, building on our record over the longer term as one of the most experienced advisers on takeover situations. Our expertise and clients range across buyside and sellside, acting for financial sponsors and corporates alike.   2023 was an encouragingly busy year for takeover activity, slightly ahead of longer-term average, but dominated by smaller and midmarket transactions where wide debt syndication or complex financing arrangements were not necessary.    As we move into 2024, and while we must remain wary of the impact of geopolitics, we see an interesting moment where buyside financing conditions are becoming more benign at the same time that sellside shareholders become more bullish as well-publicised pressures to find liquidity ease. Against this backdrop, we expect the level of takeover activity to remain buoyant, but with a return of the larger deals for a more “normal” composition of deal sizes. Many companies remain vulnerable to opportunism and activism, with repair and rescue not an uncommon part of the narrative, but it is also clear that there are opportunities for corporates to make accretive and strategic acquisitions.   We are working hard with a broad range of clients to assess takeovers to be proposed and received and are always keen to share our experience to explore new opportunities on the buy-side, sell side and takeover defence. #growthbusiness #ipo #takeover #capitalmarkets #publicmanda

🟢 There are three types of liquidation, with each process designed to liquidate a company. Which one is best suited to your company depends on its state of solvency. More on how the different types of liquidation can help your company: https://lnkd.in/eYpycubb

Congratulations to our industry’s newest Registered Liquidators: ▶ Rita Chan from Worrells - https://lnkd.in/gZ828KNa ▶ Nelson Huang from Mackay Goodwin - https://lnkd.in/gTzYjYgu ▶ Des Byron from Business Reset - https://lnkd.in/gzRdsHhS ▶ Rashnyl Prasad from William Buck - https://lnkd.in/gxWA9s86 ▶ Michael Brennan from Clout Advisory - https://lnkd.in/g7BQbuSA   At a time when insolvencies are at record highs, companies and their trusted advisers will only benefit from the increased number of registered practitioners. The process of becoming a Registered Liquidator (and Bankruptcy Trustee) is a rigorous one and not for the faint hearted, so hats off to Rita, Nelson, Des, Rashnyl and Michael. Well done!   #insolvency #insolvencyaustralia #restructuring #businessturnaround #liquidators #advisers

There are different types of liquidation that exist in the UK, and each of these forms of liquidation could be used depending on what the business’s circumstances are. Specific circumstances apply to specific procedures, and one of the first things to consider is whether the organisation in question is solvent or insolvent. A solvent company has the ability to use a Members Voluntary Liquidation in order to close down after they have distributed the correct amount of funds to shareholders. If a company is insolvent, then they are going to either need to enter into Creditors’ Voluntary Liquidation or Compulsory Liquidation. Learn More - https://lnkd.in/gZRT6wJg #SimpleLiquidation