What are the possible next steps? Can anyone advise?Keeping that...

What are the possible next steps? Can anyone advise?

Keeping that in mind:

"Voluntary Administrators as part of continued efforts to restructure the Company, its financial arrangements and operations" - what does it mean?

Taylor Woodings is a CA company that provides restructuring service. This is directly from their website:



Source: http://www.taylorwoodings.com.au/Services/Restructuring.aspx

When a business faces serious threats or challenges and a restructuring is required, early, independent and objective strategic advice is essential.

We provide advice in these circumstances to either financiers or companies. Our hands-on approach enables us to promptly identify, develop and implement effective strategies to improve profitability, reduce costs, restructure debt and position the business for survival.

In particular, we provide the following services:

•Investigating accountant’s reports
•Distressed debt consulting
•Shareholder, bond holder and note holder representation
•Financial and operational restructuring
•Advice to stakeholders and financiers
•Turnaround advice
•Interim management
•Corporate governance
•Strategic workout advice
•Review of management information systems
•Assistance with improvement or implementation of management information systems
•Desk top reviews
•Monitoring roles
•Creditor management roles