The current state of the economy can cause financial distress for businesses. This creates the need for fast, proactive, specialist advice to manage the situation and key stakeholders in order to conclude a successful outcome.
Our Special Situations Team has been formed to help you manage difficult business conditions.
Our objective is to respond quickly by taking control of situations, managing them to a successful outcome for our clients.
The team comprises industry experts who are experienced in working with business owners, directors and other professional services to address short term issues or longer term chronic trading difficulties.
Here's how we can help
We resolve difficulties by working with people involved in any of the following special situations.
Stakeholder management:
- banking and venture capital firm relationships;
- creditors;
- employees and trade unions;
- refinancing; and
- restructuring secured debt.
Situation management:
- restructuring and reorganising businesses;
- resolving disputes; and
- formal insolvency scenarios.
Distressed asset investments:
- buying struggling businesses;
- creating investment opportunities; and
- working with specialist turnaround investors.
We combine our expertise to provide swift and practical solutions to each special situation. You can read the team brochure here.
What people say about us
“At a time when jobs are being lost across the region it is great to see Muckle introducing innovative ways of helping the private sector and securing the ongoing employment of their workforce.”
Sir Stuart Bell, Member of Parliament for Middlesbrough
“The impact of globalisation means that North East businesses can be affected by financial or political events happening 1000 of miles away. Navigating this tricky external environment creates many challenges for businesses. It is critical that business leaders recognise the potential impact of the changing environment on their operations and where they recognise potential areas of concern, take early action and seek advice on assessing the risk, appropriate risk mitigation and risk management. Initiatives such as Muckle LLP’s special projects approach allows businesses to have early confidential conversations with professionals experienced in dealing with these matters ensuring businesses are prepared to deal with all eventualities.”
Sarah Green, Regional Director, CBI North East
“Whenever I met with Muckle LLP it was like meeting with businessmen who happened to also be lawyers. They understood the business’ needs. In my dealings with Muckle, I found them to be a vibrant, professional team. The team at Muckle – and it was very much a team – is outstanding. From start to finish, everyone I worked with was professional and dedicated and delivered on what they said they would. They were excellent every step of the way.”
Paul Farn, Managing Director of Powerdial Services Limited
“We welcome creative business solutions, and Muckle LLP’s Special Situations Team is certainly providing a new way of working which not only helps businesses in distress, but also seeks out the opportunities available and how to make the most of these. Getting stakeholders to work together, to be proactive so they can act swiftly is essential in today’s economic situation.”
Bryan Green, President of the Turnaround Management Association
"I am delighted to see that Muckle LLP has launched its Special Situations team which aims to provide North East based companies with innovative business rescue and turnaround solutions.
It is important that organisations operating in the turnaround community work together to drive value for all stakeholders from distressed situations. Through a combination of being proactive in identifying opportunities for turnaround investment and moving quickly to conclude deals, I am sure that the Special Situations team will have a significant impact on the business rescue community for years to come."
Jamie Constable, Chief Executive Officer, RCapital Partners LLP