Insolvency Legal Advice

We have a highly experienced and specialist team of 5 lawyers who deal with corporate insolvency. Our lawyers advise directors, creditors and Insolvency Practitioners.

We apply our experience and knowledge to get the best result for you, in your situation.

How We Can Help

Our services and experience include :-

• Assistance with liquidation - ensuring that your business complies with the law with a creditors voluntary liquidation.

• Winding Up - we represent creditors who decide that they want to issue a winding up petition. We also advise and represent debtors who have been served with a winding up petition and believe there are grounds to contest it or who generally need legal advice.

• Advice for directors - we advise directors concerned about whether their company is insolvent and the risks of insolvent trading or where directors are facing action from the Insolvency Service for wrongful trading. We also advise company directors and often their spouses facing personal liability and/or enforcement of personal guarantees or liability for director loans.

• Insolvency-related property law – we advise secured creditors on rights and options including LPA Receiverships.

• Fraudulent trading – we defend  company directors against serious allegations of insolvency related fraud.

• Wrongful trading – typically where directors have allowed the company to continue to trade where they knew or ought to have known it was insolvent. We represent directors.

• Director disqualifications – Advice for directors accused of serious misconduct in the lead up to insolvency may result in disqualification proceedings.

• Claims against directors

• Restructuring advice - which may include whether the business or assets can be sold.

• Negotiating with creditors in an attempt to avoid insolvency, and potentially agreeing a Creditors Voluntary Arrangement

• Recovering money owed by an insolvent individual or company.

Recent instructions

• Presenting and defending bankruptcy petitions and winding up petitions.

• Bringing and defending preference actions and transaction at undervalue claims and S423 fraudulent transaction claims.

• Acting for Liquidators in misfeasance claims

• Acting for appointment takers on all types of commercial disputes to recover assets from third parties.

• Successfully negotiated for the withdrawal of three simultaneous winding up petitions brought by an international bank against the client’s companies.

• Successfully defended and settled a preference claim brought by liquidators under the Insolvency Act against two private investors.

Please do get in contact to find out how we can help you and so you can find out more about us.