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Dealing with Insolvency is often difficult and stressful.
Access to experienced-based advice can often make a real difference.
At Charles Russell, we offer our expertise to help corporate
and individual clients to negotiate the complicated legal
issues that insolvency involves. Whether you are affected
by insolvency directly, or indirectly through financial problems
of your own customers, clients, tenants or suppliers, we can
help.
Corporate
Experience is available on all corporate insolvency
related issues, including:
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Administrations (both pre and post Enterprise
Act 2002) |
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Administrative Receiverships |
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Liquidations (voluntary and compulsory) |
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Company Voluntary Arrangements |
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Insolvency Act "offences" such
as transactions at an undervalue, wrongful / fraudulent
trading and preference claims |
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Factoring and discounting (including enforcement
of security and ledger recovery) |
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Disclaimers, forfeiture and distress of
commercial property in relation to insolvent arrangements |
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Director disqualifications and undertakings |
The Insolvency Unit currently acts on behalf of Insolvency
Practitioners, SME's, FTSE listed companies, factors and discount
houses, commercial landlords, company directors, shareholders,
banks and other financial
organisations, as well as for borrowers themselves.
Reconstruction and refinancing of companies in financial
difficulties are handled in tandem with our corporate finance
group. We have excellent relations with a wide variety of
Insolvency Practitioners of standing with whom we are happy
to put clients in touch where this is the best option. view
more
Individual
In addition to advising Trustees in Bankruptcy, we are adept
at advising individuals (in their own right, or in their capacity
as partners or directors) who may need to resort to one or
other of the insolvency options available to them (such as
bankruptcy, both pre and post Enterprise Act 2002) and Individual
Voluntary Arrangements. view more
Compliance
We also advise Practitioners who may either be encountering
difficulties with their Recognised Professional Body, or have
unwittingly exposed themselves to a negligence claim, or taken
some step which may require rectification by the Court.
The Insolvency Unit is uniquely positioned to advise on compliance
due to its experience in advising the Insolvency Practitioners
Association. We offer talks, seminars and briefing notes of
interest to our many clients.
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