Reconstruction Turnaround

We are a regionally-based recovery and insolvency firm specialising in business bankruptcy, liquidation, recovery and insolvency, dedicated to serving the Newcastle, Port Macquarie and Tuggerah area.

Liquidation or Administration Consulting

Why Shaw Gidley

At Shaw Gidley we provide timely advice resulting in more options being available to you and your company with the aim of mitigating further losses to key stakeholders.

If you believe your company is in financial trouble and are seeking professional accounting and legal advice, we are here to navigate you out of the red zone as soon as possible. Don’t wait until it’s too late. Our reconstruction and insolvency experts, who are members of ARITA, if contacted at the right time, can outline alternate solutions to liquidation or administration and guide your business into a better financial position.

Reconstruction Turnaround Strategies

Reconstruction turnarounds are applicable to businesses who are heading into a period of financial recovery after experiencing a downward turn in performance. They are positive because they indicate an upward trajectory, but they require some strategies to ensure a long-term positive, stable outcome.

Crisis Stabilisation

Stabilising the crisis requires you to conserve the liquidity of funds in order to make way for opportunities to regain the restructuring of both the finances and the business. Here, we can monitor and work toward stabilisation efforts and make changes accordingly.

Voluntary Administration

This common strategy in reconstruction turnarounds works toward remodeling your company’s finances in your crisis areas. This process ensures we have time to help you reorganise finances and reestablish the business back to its Directors through a Deed of Company Arrangement (DOCA).

Informal Turnaround

This is a comprehensive assessment of your business’s position in the market, including issues pertaining to business owners (you or otherwise), financiers and stakeholders. This approach applies to non-distressed businesses looking to make operational changes with management on mutually agreed upon terms.

Employee retention and reemployment

This is a tough avenue to take, but sometimes a necessary one. We are sensitive to the human element of employee retention and reemployment and work with you to make it as respectful and professional a process as possible throughout.

Testimonial

Our firm has worked closely with Shaw Gidley Insolvency and Reconstruction. The team at Shaw Gidley are specialist insolvency practitioners and make the confusing process of insolvency easy to understand. The experienced team are honest, professional and are keenly aware of the interests of the relevant stakeholders. Our firm would recommend Shaw Gidley Insolvency and Construction to anyone looking for accurate insolvency advice and practical solutions that you can trust.

Anonymous

Butler Business and Law

Testimonial

In my business relationship with Shaw Gidley, I have always found them to act in their clients best interests and with utmost integrity.....They take the time to evaluate each individual circumstance and get the best result for their clients. Shaw Gidley, through open communication, take the fear and apprehension out of insolvency.

Ben

Bidwell Hospitality

Latest Articles

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blog article

WHAT HAPPENS TO MY COMPANY IF I CANNOT PAY FOR A LIQUIDATION?

by Luka Pilipovic19.03.21

Even if a company has been deregistered, directors should consider seeking appropriate professional advice to identify any potential future personal exposure.

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blog article

WHAT SHOULDN'T I DO BEFORE FILING BANKRUPTCY?

by Paul Gidley17.02.21

Don’t get through bankruptcy alone. Applying can be a daunting experience, and you don’t want to accidentally do, or not do, something that will affect your application or cause you financial or legal

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blog article

CAN A MARRIED PERSON FILE FOR BANKRUPTCY ALONE? HOW DOES IT AFFECT MY SPOUSE?

by Paul Gidley27.01.21

Your spouse is not required to file for bankruptcy because you have, and their credit rating is not affected unless they are unable to pay debts in their name.

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