1300 366 288
1300 366 288
Use our advice to rescue your business and to preserve your assets and self-protect.
Farming operation, Esperance WA
Home | Case Studies | Farming operation, Esperance WA
- Estimated Savings: $1,500,000
- Total Cost: 10% of savings
- Case Type:Bank Foreclosure
Overview
This client's bank became nervous as a result of a new capital venture partner of the business, who became insolvent and was placed into liquidation. While there was no culpability on the part of the farmer/land-owner, the bank nonetheless called in the loan.
Result
During the restructure, various assets and income streams, not legally associated with the original venture, were separated out and transferred to new entities. This allowed the farming operation to use leased land, more suitable for the venture. The restricting process also resulted in maintaining key staff, as well as employing new staff. Key suppliers and customers were identified and engaged.
Call for a Free Consultation
1300 366 288 Confidentiality Guaranteed
Remember the Liquidators work for the Creditors, not for you. That’s their job. It costs you nothing to talk to us.
