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Insights and reports

DLA Piper: What next for distressed companies and their stakeholders?

Written by Tyler Duffield on September 30, 2020

Due to the unforeseen circumstances that the COVID-19 pandemic has caused, several government support measures have been provided to aid businesses in the UK. As we navigate the pandemic it is inevitable that these measures will end at some point.

The attached article created by DLA Piper explore the key dates which all boards and financial stakeholders must be cognisant of. It also identifies some of the tools which are available to address overburdened balance sheets.

Please use this link to access the article: COVID-19- What next for distressed companies and their stakeholders

Turnaround, the economy and people

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56K Jobs

Members of The IFT saved an estimated 56,000 jobs in 2023-24.

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£3.1 Billion

IFT members helped add £3.1 billion in shareholder value in 2023-24.

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80% busier/as busy

Over 80% of IFT members reported being busier or as busy 2023-24 compared to the previous year.

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62%

Over 60% of stressed companies don’t know they are in trouble until it is too late.

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