Formal Restructuring & Insolvency (BVI)

There are a wide range of formal restructuring and resolution frameworks available to corporates and their financial stakeholders. 

A clear understanding of your options and the clear path to implementation is crucial as you decide how best to protect, restore and enhance value. 

We act across the full range of deal size, complexity and geography and our core services are:

Insolvent Liquidations

When a fund or company is insolvent, key stakeholders seek our appointment as liquidators. We create a respectful partnership with stakeholders to maximise the realization of assets,and ensure a legally fair distribution. We understand the risks and likely issues and realise the importance of creating the right balance while maintaining control.

Restructuring

Provisional Liquidation, the closest equivalent to US Chapter 11 and UK Administration in the BVI, can be used in its own right, or to support rescue proceedings in other jurisdictions. We have deep insights regarding planning and implementing restructurings worldwide, with sensitivity to the differing guidelines and governance. 

A successful restructuring provides clients with a moratorium on creditor actions and through independent oversight, Interpath can bring credibility in negotiations; scrutinise any restructuring plan and work on contingency planning. 

Receiverships

Interpath regularly takes appointments when a company defaults on its loan obligations and secured creditors seek a remedy to recover amounts outstanding, or when a judgment creditor seeks to recover property belonging to the judgment debtor. Interpath’s practitioners are well known for their ability to take control of assets subject to dispute and are often appointed by the Court to do so while disputes are resolved. 

Whilst each case is governed by the underlying documentation, it is not uncommon for substantially all of the assets to fall under the secured lender’s security. It is the knowledge and experience we offer for such scenarios including our experience in the ongoing management of business operations that regularly causes our clients to seek out Interpath’s appointment.

Company Restoration 

If a company has been struck off and dissolved, the most common reason for an application being made to restore the company to the register is that there are assets that need to be dealt with, or investigations that need to be undertaken. 

Interpath regularly takes appointments to assist with the restoration of a company to the registers followed by a liquidation process.