The Lowdown: tips for SMEs

Barry Donohue, director, O’Connor Pyne & Co
Barry Donohue, director, O’Connor Pyne & Co

This week: Dealing with debt overhang

The area of debt restructuring has come centre stage in the last few years with a willingness on the part of funders, as well as trade creditors, to consider debt restructuring solutions ahead of formal enforcement processes.

Aside from the economic factors that encourage financial institutions to remain in place so as to improve recoveries, funders and trade creditors want to reach ...