Expert Corporate Insolvency Solicitors Advising on Insolvency Law
Our team of corporate insolvency solicitors at Grant Saw are experts in advising businesses, stakeholders, insolvency practitioners, debtors, creditors, and directors on all aspects of insolvency law.
For companies in financial difficulty
Facing the threat of a winding-up order can be a significant concern for both the company and its directors. Our corporate insolvency solicitors are skilled in advising businesses on how to challenge statutory demands served by creditors. We work closely with clients to determine the best course of action if a winding-up petition is presented, including how it might be challenged and the potential consequences for the company. Additionally, our corporate insolvency solicitors can guide you through the process of applying for a validation order to unfreeze company assets and bank accounts.
Our solicitors are also equipped to consider alternatives to liquidation for companies in distress including, administration, schemes of arrangements, breathing space moratoriums, restructuring plans company voluntary arrangements.
For directors facing investigative action
When a company becomes insolvent, it can lead to serious claims against its former directors. Our corporate insolvency solicitors provide expert advice on how directors can defend themselves against these claims. This includes handling issues related to overdrawn director’s loan accounts, “Phoenix Trading,” re-using prohibited company names, defending against misfeasance claims, wrongful trading, and antecedent transactions that may be challenged following insolvency.
Our solicitors are equipped to advise directors of any personal liabilities they could face in the event their company goes into administration or liquidation.
For creditors
Our corporate insolvency solicitors understand the challenges faced by creditors owed money by a company. They offer strategic advice on how to recover debts, including the steps to wind up a company if a statutory demand is ignored, and the implications of a winding-up order.
The Corporate Insolvency department, led by our experienced corporate insolvency solicitors, is accredited by Lexcel, the legal practice quality mark for client care, compliance, and practice management.
For detailed advice and guidance from our corporate insolvency solicitors, please email insolvency@grantsaw.co.uk or contact us on 020 8858 6971.
