Supporting a broader restructure of this large transport group (secured debt of c.$35m), as voluntary administrators, we restructured a c. 900 employee operating entity (Rivet Employees Operation). After extensive financial analysis of the group, a restructure via a deed of company arrangement was completed achieved, producing a material return to creditors and preserving jobs.
Supporting a broader restructure of this large transport group (secured debt of c.$35m), as voluntary administrators, we restructured a c. 900 employee operating entity (Rivet Employees Operation). After extensive financial analysis of the group, a restructure via a deed of company arrangement was completed achieved, producing a material return to creditors and preserving jobs.