Small Business Restructuring

Pre-appointment

  • Advisor assesses The Company’s health and prepares directors for the SBR process including Plan B if it fails
  • Ensures The Company is able to meet the eligibility criteria.
  • Consider Safe Harbour during this phase.
  • The Draft Plan and the cashflow prepared to ensure the proposal is realistic and affordable.

Proposal Period

Acceptance Period

  • Final Plan issued to Creditors.
  • Creditors can vote for or against the Final Plan.
  • Period open for 15 Business Days.

Plan Period

Maximum of 3 years.