Corporate Recovery
At PCS we can add great value to a company that is technically solvent but for the pension scheme liabilities. In this situation we can help you to avoid a ?traditional? insolvency process.
We have a range of expertise to assist you in:
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Corporately restructuring using CVA?s;
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Entering into compromise agreements with trustees;
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Negotiating with the Pensions Regulator;
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Communicating with scheme members on issues ranging from reduced transfer values or percentage guaranteed increases and buy-out arrangements either on a scheme or specific member basis;
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Arranging settlements with the PPF and or individual member deals.
Should the pension debt become unmanageable, the PPF may be the only available alternative. In such circumstances, a compromise agreement with the PPF is in all parties? interests. The objective is then to free the business from its pension debt to continue to trade, with the PPF taking the liabilities in exchange for agreed corporate assets and or equity.
The management and negotiation of such deals is highly sensitive
and requires the breadth of skills and experience offered by PCS.
