Reacting swiftly and decisively to signs of decline maximises an organisation’s opportunity to recover. The sooner organisations seek specialist advice; the more likely a recovery can be made.
Our team works in partnership with organisations to diagnose and overcome the issues they face. Through our international network we're also able to draw upon local knowledge for cross border restructuring assignments.
We advise boards and other stakeholders (lenders, investor groups, creditors, landlords) on crisis stabilisation, turnaround strategies and planned restructuring plans.
Supporting your real estate operations and transactions requires seasoned professionals who understand your needs and can provide on-point recommendations.
We provide a variety of assurance, tax and consulting services for private and public real estate entities, including opportunity funds, private equity portfolio companies, pension funds and advisors, Real Estate Investment Trusts (REITs), institutional investors, joint ventures, asset and property managers, brokerage and advisory firms, developers, owners and investors.
Receivership is a legal process where an external party is appointed to sell or safeguard the assets of a company or business.
Our firm has extensive experience in providing advice to lenders and acting as receiver and managers for major financial institutions and private secured lenders.
Our primary role when acting as receivers and managers is to provide a commercial service to the appointee by securing and realising the secured assets, providing informative and accurate reports to the secured lenders, and distributing funds to the secured lenders in the most cost effective and timely manner.
We take reasonable care to sell charged property for not less than its market value or, if there is no market value, the best price reasonably obtainable.
Receiverships are primarily instigated by secured lenders who’s primary focus is to recover sufficient funds to discharge their secured debts. We have also been appointed as receivers y by the courts in a number of matters where the courts have deemed it proper to appoint a receiver.
We appreciate that a receivership will not end until we have collected and sold all of the assets or enough assets to repay the secured lender, completed all receivership duties and paid receivership liabilities. Accordingly, it is our primary goal to ensure all required tasks are addressed with urgency and facilitate the finalisation of the engagement as soon as practicably possible.