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Restructuring and Insolvency Webinar – How to Protect Your Business
March 4 @ 12:00 pm - 1:00 pm UTC+1
Manufacturing NI’s webinar “Restructuring and Insolvency – How to Protect Your Business” with Mills Selig outlined the main restructuring and insolvency routes, and the practical steps businesses and creditors can take when financial pressure builds. Richard Craig and Kathryn McIvor highlighted how outcomes are shaped by creditor priority, HMRC’s position, and the route chosen, such as administration, liquidation, pre-packs, or a formal compromise with creditors.
Key Takeaways
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Seek advice early and engage stakeholders quickly to stay in control.
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Select the right route early to protect value and continuity.
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Manage creditor risk proactively by limiting exposure and engaging early with HMRC and key creditors.
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Protect directors and the business by documenting decisions and prioritising creditor interests as pressure increases.
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Access the recording and slides to revisit the guidance and practical actions directors should prioritise now.