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Home > For Business > Disputes & Litigation > Business Turnarounds & Workouts

Complete business turnarounds and workouts solutions

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Act before it’s too late

Seeking professional help early is the wisest decision a company director can make in situations of financial distress or insolvent trading.

As one of the most experienced Bankruptcy and Insolvency Teams in Queensland, we can help avoid the potential damage caused by voluntary administration, receiverships or liquidations. Using a “turnaround” approach can provide the key to future success and the full potential to of the business to be realised.

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How we help you

Our Insolvency and Bankruptcy Team are turnaround and workout specialists. We are experienced in all aspects of business turnarounds, recoveries and restructuring and able to offer a variety of solutions including:

  • Business assessments
  • Reviewing financial arrangements and debts
  • Increasing cash flow with improved debt collection processes
  • Business structuring to improve productivity and profitability; and rationalise the businesses’ trading operations
  • Negotiating standstills with creditors
  • Negotiating with banks and financiers
  • Negotiating, documenting and formalising final settlements or repayment arrangements with creditors
  • Advising on issues with employees
  • Preparing an orderly and effective sale of the business if necessary
  • Restructuring a business by using a Deed of Company arrangement if possible.
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When should I ask for help?

The most critical factor in all of this is time. At any sign of a cash flow crisis (like frequent demands for payment from creditors), it’s time to seek professional help.

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What is the first step?

Contact one of our experienced team members. They will work closely with you and any other stakeholders involved in a turnaround. We are there to assist you in every step of the way and we are able to draw on our network of managers, accountants, financiers and industry contacts to help get your business back on track.

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Plan your next move

Don’t wait for things to get better on their own. Call us to discuss your options today.

Call us today
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Meet our Disputes and Litigation team

Delivering practical legal solutions for your business
Managing Director

Andrew Lambros

Bankruptcy and Insolvency, Contract Law, Corporate Law, Debt Recovery, Disputes and Litigation, Finance Law, Health Law
Special Counsel

Spencer Slasberg

Franchising, Bankruptcy and Insolvency, Contract Law, Corporate Law, Debt Recovery, Disputes and Litigation, Insurance Law
Paralegal

Penny Mole

Disputes and Litigation, Bankruptcy and Insolvency, Debt Recovery
Director

Lachlan Thorburn

Employment Law, Bankruptcy and Insolvency, Contract Law, Debt Recovery, Disputes and Litigation, Insurance Law, Sports Law
Director

Charlie Young

Estate Litigation, Bankruptcy and Insolvency, Contract Law, Corporate Law, Disputes and Litigation, Elder Law, Finance Law, Superannuation, Wills and Estate Law
Special Counsel

Barbara Houlihan

Family Law, Disputes and Litigation, Estate Litigation, Wills and Estate Law
Meet the rest of the team
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Don’t wait any longer to get the right advice

All of our lawyers are highly experienced in their area of law
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