Insolvency Practitioners and Liquidators
Claims against Companies and Directors
We regularly act on behalf of Insolvency Practitioners and Liquidators in respect of claims that they have against insolvent companies and directors.
We assist at all stages of a matter and provide prompt advice on potential claims that may have arise and the merits of such claims.
We understand that many companies being wound up do not have access to disposable funds to litigate a claim. Therefore, we offer financial arrangements to Insolvency Practitioners or Liquidators fund litigation e.g. conditional fee arrangements (CFA). We also work closely with specialist barristers who are willing to offer such funding arrangements.
The type of disputes in which we regularly act include:-
- Repayment of directors’ loans
- Recovery of unlawful dividends
- Transactions at an undervalue
- Defrauding creditors
- Preference payments
- Wrongful and fraudulent trading
- Misfeasance (breach of directors’ duties), including negligence claims
- Extortionate credit transactions
- Re-use of company names
We also specialise in pursuing directors who reside out of the jurisdiction.
We understand that the key aim of such claims is to recover as much money from companies and it’s directors for creditors. Therefore, we look to act quickly and effectively to achieve this aim.