Recovery and Reorganisation
Grant Thornton Gibraltar has a dedicated Recovery and Reorganisation department.
Our appointment to some of the most high profile and complex insolvencies in Gibraltar has cemented our position at the head of the local marketplace.
We are able to take formal appointments in relation to both solvent and insolvent companies.
For solvent companies, perhaps within a group which is reorganising its business, we can assist with the formal winding up of a company’s affairs, a Members’ Voluntary Liquidation, ensuring full compliance with the relevant statutory provisions.Our people have experience of a wide range of corporate structures and taxation and can ensure a positive outcome for the Company and your client.
Members’ Voluntary Liquidations are only available where the Directors are able to make a formal declaration that the company can pay all its liabilities, in full, within a period of 12 months.
For insolvent companies our specialist team provides a full range of insolvency services, while maintaining a competitive cost profile.
We have broad experience of most business sectors but with specific emphasis on insurance and financial services.
Within the Grant Thornton International organisation, there are 50 member firms in key business centres authorised to undertake specialist recovery and reorganisation assignments. Firms share best practice and methodologies to meet the legal, commercial and cultural challenges that cross-border projects present. Whether you are in Boston, Berlin or Beijing (and all points in-between), a team can be built to meet your sector and geographic requirements perfectly.