Insolvency

Our Insolvency department is our newest specialist practice area and forms part of our Commercial Litigation department.

The team works closely with Insolvency Practitioners and corporate recovery teams within top tier accountancy firms and also forensic accountants and advises on corporate and personal insolvency and corporate recovery.

Clients range from Insolvency Practitioners, secured lenders, secured/unsecured creditors and company directors to Registered Social Landlords and companies and individuals in distress.

For corporate insolvency clients they will regularly advise on liquidations (compulsory, CVL and MVL); Administration Orders (in and out of court); receiverships (administrative, Law of Property Act and fixed charge); Company Voluntary Arrangements (with and without moratoriums); Company Disqualification Act prosecutions; and antecedent transactions and asset protection.

Advice provided to personal insolvency clients includes bankruptcy; Voluntary Arrangements; private/public examinations; breach of the Insolvency Act provisions; antecedent transactions and asset protection; and general office holder issues.

Within corporate recovery, they advise on forfeiture; possession; debt actions; and the enforcement of guarantees.

The team is conscious of the fact that Insolvency can represent a more sensitive, unorthodox method of corporate recovery than that represented by straightforward - and often more costly - Court action. They see three key priorities for clients: firstly, identifying the clients' objectives and putting in place a strategy to secure those objectives; secondly, protecting the clients' position, not only in the future but also in the past and present; and thirdly, being accessible by telephone, by e-mail or in person.