Purchasing a business from insolvency is when directors/ shareholders wish to repurchase their own business or that of a competitor/totally unrelated company which is insolvent.

This involves negotiating with the Liquidator/Administrator of the company to agree a deal and can involve advising the purchaser on funding options available to them and may involve working with Corporate Finance and Banking Consultants at Dains.

There are various restrictions under the Insolvency Act which need to be considered, including the review of a company name, etc.

We are able to assist with:

• Advising on options available
• Valuing a business and making offers
• Notification
• Financial assistance

We can provide expert advice with an experienced team and are pleased to offer a free initial advice consultation to assess the company’s circumstances and advise on other options available.

For more information or for a free initial consultation please contact your local office or email: recovery@dains.com