Third Party Assets
In most distressed businesses, there will be assets which involve a third party interest. Charterfields has the expertise and knowledge to advise and manage this scenario.
Where equity is present, Charterfields understands the need to begin negotiations with other stakeholders at the outset. Charterfields can include these assets in a transaction via the novation of agreements. Alternatively, we can manage disposal to an unconnected party to release the equity for the benefit of the insolvent business.
Retention of Title
Where assets or stock is supplied under credit agreements and retention of title becomes an issue, Charterfields is able to offer advice and guidance underpinned by knowledge and expertise. Alternatively we are able to manage these issues on behalf of the Insolvency Practitioner. Charterfields’ experience in this field enables it to comprehensively deal with matters to a satisfactory conclusion.
Owing to our experience, you can feel comfortable in the knowledge we will be able to offer guidance in all aspects of third party assets and retention of title matters.