Contentious Insolvency
Our industry expert lawyers provide advice at every stage of an insolvency process or investigation. The team regularly prosecute winding up and bankruptcy proceedings, draft administration appointments,provide assistance and advice in respect of voting strategy at creditors’ meetings and represent clients on liquidation/creditor committees.
Once insolvency proceedings are envisaged we act in both funded and unfunded cases – often on a conditional fee agreement basis (“no win no fee”) – for insolvency practitioners in investigating and bringing proceedings against former directors and third parties. We also act for those being pursued by an office holder. Investigations are often wide ranging –from forcing disclosure of documents from multiple sources to multi jurisdictional asset tracing.
Contentious insolvency specialists, the team has expertise in claims for wrongful and fraudulent trading, in respect of transactions at undervalue and voidable preferences, for breach of duty/misfeasance and has extensive experience in civil fraud and conspiracy to defraud claims. These claims often involve the use of urgent freezing orders, search and seizure orders and prioprietary injunctions. We also deal with retention of title issues, recovering business loans and directors’ disqualification proceedings.