Below, we highlight some of the ways in
which our Restructuring and Insolvency group has been able to
assist clients:
- acting for a creditor in relation to a
bankruptcy annulment application on a high profile "bankruptcy
tourism" case, involving a raft of interlocking applications and
culminating in a seven-day trial before the Chief Registrar
- acting for the purchaser (whose group has a
turnover in excess of £25 million) on the acquisition and
integration of another recruitment business from
administrators
- acting for the liquidator of a telecoms
company on the settlement of multi-million pound fraud-related
claims against the company's former directors
- acting for the administrators of a telecoms
company in relation to the pre-pack sale of the business to a third
party telecoms operator
- acting for private individuals to defend a
claim against them by a trustee in bankruptcy under s.423
Insolvency Act 1986 (transactions defrauding creditors)
- advising company directors in relation to
their liabilities under s.216 Insolvency Act 1986 (re-use of
prohibited name), including court applications for permission
- acting for a telecoms company in relation to
a debt recovery matter for sums exceeding £300,000 against a
trading partner, including advice in relation to contested winding
up proceedings, administration applications and interim
administration applications
- acting for the liquidators of a fire
protection company in relation to claims for wrongful trading and
voidable transactions with the total quantum exceeding £1
million
- acting for a national department store
retailer in relation to acquisitions from the administrators of a
large clothing retail group
- acting for a motor finance company in its
multi-million pound acquisition through a pre-pack administration
of the lease book of an existing car leasing and rentals
business
- acting for the administrators of an arcade
games operator in relation to the sale of the business and assets
at various airport sites throughout England
- acting on the pre-pack sale by administrators
of a national refrigerated courier company (born out of the TV
series Dragon's Den) resulting in 70 jobs being saved
- acting for the provisional liquidator of a
restaurant chain involving: the appointment of a provisional
liquidator, premises 'raids', obtaining a freezing injunction and
search order, and proceedings for misapplication of funds
- acting for liquidators of a letting company
in relation to a court declaration as to the ownership of funds,
under the jurisdiction established in Re Berkeley
Applegate
- advising the directors of a pharmaceutical
company in relation to their potential liabilities under the
Insolvency Act 1986 for wrongful trading or misfeasance claims
- advising and representing a national bank in
relation to an exposure exceeding £1 million to a firm of
solicitors that went into administration
- acting for a major asset based lender in
relation to a suspected fraud by its corporate borrower, including
a successful application for a freezing injunction and search order
and a claim for misapplication of funds
- advising trustees of an unincorporated
charity as to insolvency implications arising from significant
contingent pension liability.
