Our experience is that in times of financial crisis it is imperative that interested parties act quickly and decisively to preserve value, buy time, achieve stability and avoid the effects of insolvency.

 

We also believe that in every stressed market there are windows of opportunity when businesses still can be rescued, rehabilitated or reorganized and when it is possible to stop the erosion of value.

 

Stedman Denny provides management with assistance and focus to allow them to navigate these times of financial distress. We assist companies in their analysis as to whether their current debt arrangements are appropriate in light of current market conditions and business climate. Specifically the firm can advise on:

 

• Availability and structure of refinancing alternatives
• Covenant review
• Preparation for approaching banks and lenders/ other creditors
• Assistance with managing and negotiating any such approaches
• Implementation of agreed solutions
• Our team have extensive experience of negotiating with banks and managing complex and esoteric projects. We recognise that each client situation is different and our size and experience allows us to focus senior resources with clients to provide unsurpassed levels of service.