Our Insolvency & Bankruptcy team has considerable experience of both corporate and personal insolvency including acting for or against companies and individuals in financial distress.
We also regularly act for liquidators, administrators, directors, creditors and trustees in bankruptcy.
Our work for liquidators and trustees is often to assist with the realisation of assets of bankrupt estates and of insolvent companies. This may involve proceedings against third parties, e.g. company directors for the return of monies inappropriately paid to them out of company assets, advising on preferences, transactions at an undervalue, wrongful or fraudulent trading and director disqualification. We are happy to work with litigation funders.
We also advise directors of companies where there are concerns about the solvency of the company and assist with any formal restructuring programme. We regularly work with licensed insolvency practitioners to advise and assist in such circumstances.
For individuals facing what may seem insurmountable financial difficulties, you need not face it alone. The possibility of bankruptcy may appear alarming, and there are many misconceptions held about it. There may be options available to you for dealing with the situation. However, in certain circumstances, bankruptcy may be the option that is best for you.
Whatever the circumstances, you will benefit from early and expert help. We have the experience and expertise to guide you through the process. It is essential that you take proper steps to deal with your situation, and we can help you develop a strategy that will best serve your interests at every step.
For initial advice or to arrange a meeting with one of our team, please email kbright@bishopandsewell.co.uk or contact 020 7631 4141 and ask to speak to the Insolvency team.
