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Home | Services | Services for business | Corporate | Insolvency
Insolvency
Our team advises insolvency practitioners, banks, asset based lenders, directors and creditors on all issues arising from corporate and personal insolvency.
We have particular expertise in advising on the sale and purchase of insolvent businesses from and on behalf of insolvency practitioners.
We regularly advise directors on their responsibilities and in connection with directors’ disqualification proceedings.
Our experience includes advice on:
- Asset and debt recovery
- Validity of security and enforcement options
- Formal insolvency procedures
- Directors’ disqualification
- Directors’ duties and wrongful trading
- Bankruptcies and individual voluntary arrangements
- Partnership issues
- Creditors’ rights
- Insolvency practitioners’ duties and powers
- Pension related issues
- Property Issues including Law of Property Act receiverships
- Work-outs and rescues
Charles Williams and Kate MacLeod advised us on the purchase of the business and assets of a Leeds based manufacturing business out of administration. The advice, support and all round communication was first class considering the extremely tight timescales involved with the transaction. The dedication and knowledge of the team at Shoosmiths is to be envied by the legal profession and we are in no doubt that they will be the first choice of advisors for future transactions.
Billington Holdings plc
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Get in touch
James Keates
Partner
T: 03700 86 4044
I: +44 (0)121 625 4044
E: james.keates@shoosmiths.co.uk