Insolvency and Business Recoveries
Whether you are an individual in financial difficulty, interested in buying the assets of an insolvent company, a creditor wanting to enhance their recovery rates, or the administrator of a company, clear guidance through insolvency law is paramount and must be provided quickly and positively.
Our team brings together a wealth of knowledge from specialists across our banking and finance, real estate, dispute resolution, corporate and employment teams, who are all well placed to offer effective assistance to those affected by insolvency issues. This, coupled with our membership of MSI and a global alliance of fellow professionals, gives us the high levels of expertise required to handle even the most complex, cross-border insolvencies.
The team acts for banks and other institutions and the Insolvency Practitioners appointed by them in recovering secured assets, including a large part of the recoveries work for one clearing bank. The team is geared to be able to deal with large numbers of straightforward possession claims and sales as well as more complex recoveries.
We have a successful track record, with recent examples including the enforcement of directors’ personal guarantees and the retention of title claims for a US multinational, the administration and sales of various care homes and hotels, a group of six care homes, and the receivership of a former colliery.
Further information
- Directors beware
- Recovering the irrecoverable debts
- Taking advantage of the recession: buying insolvent businesses