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Personal Insolvency

Key Contacts

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As well as acting for Insolvency Practitioners, we act for others affected by insolvency, such as lenders, professional advisors, trade creditors, businesses and individuals.

We are supported by our colleagues who are specialists in Banking, Property, Employment, Corporate and IP and who have knowledge and experience of insolvency issues.

In addition, we have established a niche expertise for cross border work. Through our membership of INSOL and ADVOC, a global legal network with over 90 law firms worldwide, we advise overseas clients opening insolvency proceedings in England and Wales, as well as assisting clients based in the UK to trace and recover offshore assets.

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Professional Practice

Professional service firms need to keep the Lender and the Regulator on side and we have the skills to manage these stakeholders effectively.

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Cross border bulletin

We regularly advise office holders, charge holders, creditors, individuals and businesses on all aspects of cross border insolvency.

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Insolvent asset sale bulletin

Each week we produce an insolvent asset sale bulletin that is circulated to clients and contacts and is published on our website.

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Insolvency Rules 2016

We have written a series of daily updates following the Insolvency Rules 2016, which came into force on 6 April 2017.

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Reasonable behaviour - recovering costs in Small Claims Track

If your claim is below £10,000 it will be allocated to the small claims track.

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In Re Energy Coal SPA

The Delaware Bankruptcy Court held that comity outweighed the parties' contractual choice of jurisdiction. Although claims would be allowed to be brought in the US, any recoveries would need to be pursued in Italian insolvency proceedings.

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Sberbank of Russia v Ramljak [2018] EHC 348 (Ch)

The High Court held that "final determination" signifies the very last stage of any proceedings, without the chance to appeal. Sberbank were therefore still bound by their undertaking to take no further steps in an arbitration against the Company.

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Cross Border Restructuring and Insolvency Update - April 2018

A summary from the Cross Border Restructuring and Insolvency Team.

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Relevant Experience

All relevant experience

@insolvencylegal

Ashfords Insolvency RT @ChrisLaughton01: Cross-border restructuring and insolvency would be more difficult and expensive, fewer businesses would be saved, more…

3 days ago

Ashfords Insolvency Great night at R3 Comedy Gala last night! The hilarious @InnocentJeff showing us what "smart casual" really means!… https://t.co/QgWfzce0tr

9 days ago

Ashfords Insolvency VIDEOLOGY LTD - Despite refusing to recognise proceedings as foreign main proceedings under Art 17 of UNCITRAL Mode… https://t.co/B8c1dOI1Xb

24 days ago

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