Recession advice service for Company Directors

Pannone offer a free advisory service exclusively for company directors to assist them in dealing with the legal and financial problems they face while trading through the current credit crunch and economic recession.

This is a high-level personal service provided by two senior professional business advisors Richard Glithero and Dylan Quail who are both solicitors and licensed insolvency practitioners.

Directors need to be aware of the distinctive risks that confront both themselves and their companies during an economic downturn.

We believe that issues such as outstanding PAYE and VAT, rent arrears, cash flow problems, threats of legal action, employment issues, personal guarantees, breached overdraft limits and bank covenants are best dealt with in a joined up way. We will give you the time to talk through the concerns you have before we attempt to suggest a plan of action going forward.

Our directors' advisory service gives you the opportunity to talk directly with a senior corporate recovery and insolvency specialist (and a partner in our business, not a call centre operative!) who can identify the issues that must be dealt with to minimise the risk of personal liability for the debts of your company and, if appropriate, take you through the available turnaround procedures (which are simple, speedy and cost effective) that may eliminate creditor pressure and provide a mechanism for rescuing a viable business once it has been freed from the burden of historical debt obligations.

Behind Richard Glithero and Dylan Quail, Pannone has a professional and dedicated team of lawyers and insolvency practitioners who can advise on all aspects of:

• Legal issues affecting businesses and companies
• Liabilities under property leases
• Redundancies
• Non and slow paying customers
• Retention of title
• Alternative methods of funding
• Administrations and pre-pack sales to management
• Customers in liquidation, administration or voluntary arrangement
• Directors' duties
• Trading while insolvent
• Personal guarantees
• Directors Disqualification Proceedings

Any director can speak in confidence to Richard Glithero or Dylan Quail , without any obligation or commitment, and have a full and open discussion about the issues causing concern.

Richard Glithero and Dylan Quail can be reached on: 0161 909 4647 or email: richard.glithero@pannone.co.uk or dylan.quail@pannone.co.uk

Call 0844 980 1449 now for a consultation with a Corporate Recovery and Insolvency Solicitor. We are available to take your call twenty four hours a day, seven days a week.