During uncertain economic times and business volatility, it's critical to be able to obtain quick, commercial and cost-effective advice in order to rescue a business or avoid continuing obligations.
Our lawyers have extensive experience advising on liquidations, administrations, receiverships and bankruptcy. We tend to act for insolvency practitioners and creditors in pursuing officeholders and in corporate reconstructions. We often use the insolvency jurisdiction to pursue ordinary trade debtors for companies when appropriate.
Our expertise includes:
- bankruptcy, administration, receivership and liquidation
- company voluntary arrangements, pre-pack transactions, informal arrangements and work-outs
- pre-appointment advice
- orders for appointment of receivers, provisional liquidators, liquidators and trustees in bankruptcy
- advising on duties and obligations for directors, officeholders and insolvency practitioners
- strategic recovery and asset realisation
- security enforcement
- acquisition and disposal of distressed assets
- claims for wrongful trading and fraudulent trading
- claims for transactions at undervalue, preferences and transactions defrauding creditors
- claims for misfeasance or breach of fiduciary duty and breach of common law duties
- statutory demands and insolvency petitions
- litigation and arbitration
Our clients include:
- companies
- company directors and officers
- pre-appointment advice
- insolvency practitioners
- non-bank lenders