In the Asset Based Lending team, we recognise that asset based
lenders already have a sophisticated understanding of the various
insolvency procedures that can affect their customers.
They they will often be a key factor in the way that a
facility is structured from the outset and definitely relevant to
the structured exit of a facility should insolvency of a customer
arise.
We have specialist insolvency solicitors working with the Asset
Based Lending team that understand your business as well as the
various insolvency procedures and the issues facing insolvency
practitioners.
We can advise you:
- immediately before your customer enters into a formal
insolvency procedure to determine the extent of your security,
what rights you have and the approiate strategy to maximise
your recovery
- on issues relating to the appointment and conduct of
insolvency practitioners
- in respect of any trust or other disputes with insolvency
practitioners.
