Financial distress can happen to any individual, business or entity arising from various situations that lead to poor cash flows that are not detected early to be curbed. This in some cases can lead to insolvency proceedings, in which legal action can taken against the insolvent person or entity, and assets may be liquidated to pay off outstanding debts.

In such cases, it is important that the entity or individual seeks the expertise of an Insolvency Practitioner to work with. On behalf of the client, the Insolvency practitioner will act as either a liquidator to realize company assets and ensure they are distributed appropriately to creditors or an administrator when the company is considering an arrangement with its creditors or has executed a deed.

Mutumba Mukobe & Associates is well positioned to offer outstanding business restructuring services to its clients.

Our experience is characterized by partner-led teams that have spent their professional lives dealing with complex situational dynamics that a financially disturbed business and its stakeholders may ever face.