Corporate recovery, reorganisations and insolvency
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Nexia Poyiadjis advises clients on corporate recovery, reorganisations and restructurings. Such reorganisations or restructurings are often
required prior to financings, listings, management buy-outs or sales or to enable family shareholders to realise value in private companies.
Nexia Poyiadjis also acts as Liquidators, Receivers and Managers of Companies in financial distress. When a secured lender's position is
placed in jeopardy, enforcement of the security through the appointment of a Receiver and Manager is the only option. The lender appoints
a Receiver and Manager under the powers granted to it by its debenture (floating charge). Once appointed the Receiver/Manager has wide
ranging powers to run the business, realise the assets or sell the business as a going concern.
Nexia Poyiadjis has extensive experience in:
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carrying out on behalf of the management or lenders, investigations in the affairs of a Company in financial distress in order to establish
the causes of failure
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- advising and assisting management of companies in financial distress of rescue avenues available
- acting as liquidators, Receiver and Managers of failed companies
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