From time to time international and national companies may need to reorganise their businesses within a group structure or portfolio. Part or all of a business may have come to the end of its life and has become superfluous to requirements. This can be a limited company, a special purpose vehicle, a trading division that no longer exists or a large group wishing to shut down a subsidiary in the UK.
Depending on the assignment, and whether or not the business is trading, we can provide an interim wind-down team or move to a solvent winding up process, known as a Members Voluntary Liquidation (MVL).
At Cork Gully our advisors can help you through every stage of the process; agreeing which entities or parts of the business are to be wound down; provide advice on the the terms and procedure for exiting a market or business; assist in negotiating and finalising contracts with suppliers, employees and other stakeholders; as well as acting as Liquidators to effect a return of capital to shareholders.