Recovery
Insolvency solutions require a specialised approach and an understanding of the people involved, their businesses, families and other relationships. PPB brings a depth of understanding, in addition to the skills and resources to work together with our clients and each other to identify appropriate options and implement effective solutions.
Our dedicated team of Recovery specialists:
- Understand professional and personal relationships
- Are experts in company and personal insolvency
- Have resources to act quickly throughout Australia
- Pro-actively identify and manage risks
- Manage commercial sensitivities
- Maintain independence to avoid conflicts of interest
Our unique solutions are thoroughly researched, independent, and always consider the impact on all stakeholders. PPB strives to protect shareholders and directors from loss. We protect secured, priority and unsecured creditors interests and liaise with employees, unions, work groups, and government as required.
Our business recovery and insolvency teams offer a wide variety of informal services including advice, pre lending reviews, investigating accountants’ reports, informal workouts together with formal appointments including:
- Voluntary Administrations
- Deeds of Company Arrangement
- Receiverships and other security enforcement
- Court Liquidations
- Creditors and Members Voluntary Liquidations
- Personal Insolvency Agreements
- Bankruptcy
The PPB team works closely with financiers and companies which are genuine about solving financial problems by
- Taking time to understand the strategic issues and stresses unique to each situation;
- Providing Investigative Accounting and recovery techniques to maximise outcomes;
- Determining the appropriate course of action – whether a formal insolvency administration or informal role;
- Working through implementation of the plan for the benefit of the relevant stakeholders - financiers, directors, shareholders or credit providers
- Offering alternatives to bankruptcy or liquidation
PPB has dedicated and experienced teams of experts in each of our specialist service areas:
