Restructuring and Insolvency
We deal with a wide range of insolvency litigation such as preferences, transactions at an undervalue, misfeasance and wrongful trading. The litigation undertaken can be as straightforward as a simple monetary claim to unravelling complex trust structures to realise assets for the benefit of the insolvent estate. Often urgent action is required to secure assets and we have extensive experience in securing freezing orders often within 24 hours to protect the assets for the benefit of the estate. Our particular experience is in realising assets and tracing funds wherever they may be located.
We regularly advise directors on whether and how to place a company into administration, we act for Insolvency Practitioners in connection with their appointments and issues arising in the course of administration, including dealing with leasehold property matters, book debt collection, legal proceedings, advising on ROT claims and asset sales, and we assist creditors with claims and disputes with companies in administration.Read more
When solvent the directors owe a duty to act in the best interests of the company, however when solvency is in doubt that duty switches to act in the best interests of creditors. Utilising our experience we advise directors how best to manage the company in this "twilight period" to enable them to discharge their duties effectively.Read more
We undertake a wide range of work in relation to liquidations including winding up petitions, advising insolvency practitioners on a range of liquidation issues including disclaimer, assisting office holders with investigations and litigation, and advising solvent companies on dissolution and members voluntary liquidation.Read more