Bosses at Jarvis want shareholders to approve a series of property sell-offs, worth some £25m.
The money is need if the restructuring cannot be agreed by the end of next month.
Jarvis is looking to dispose of properties close to York railway station, and dispose of its stake in the London Underground Tube Lines consortium.
Jarvis’s shares have lost about 90% in value since the start of 2004.
Earlier this year Jarvis was stripped this year of lucrative school building and road projects.
Mark McMullen joins the private client services team from Smith & Williamson
Merger between Clear & Lane Chartered Accountants and Magma Chartered Accountants was finalised on 3 February
BDO has taken its new partner intake to 23 during the first half of its financial year, including the appointment of five partners in five weeks
The firm reports 7.6% global fee income growth for the year ending 31 December 2016