Our insolvency team advises, assists and negotiates on:

• The enforceability of security
• The investigation of debtor’s assets and the commercial viability of claims
• The effects of various insolvency regimes on a creditor’s ability to recover debt
• Obtaining security in property for debts
• The preparation and service of statutory demands
• Obtaining bankruptcy and winding-up orders
• Securing maximum dividends for creditors

Key Contacts: Steve Dillon, Paul Plaxton, Chris Adams

In an insolvency situation the issue of the staff is often hugely significant and can make or break a recovery package. Questions often arise about redundancies, collective consultation and the application or otherwise of TUPE. We understand that you may need prompt and practical commercial advice in an often pressurised situation and our employment law team are on hand to help.

Key Contacts: Ted Flanagan and Nathalie Stewart

Our insolvency team advises, assists and negotiates on:

• The appointment of administrators, liquidators, LPA receivers, supervisors of voluntary arrangements, and trustees in bankruptcy
• The turnaround of companies and successful trading out of administration
• The validity of both secured and unsecured creditors’ claims
• The adjustment of prior transactions, including payments at a preference, unlawful dividends and transactions at an undervalue
• The recovery and protection of assets, including property and book debts
• The conduct of directors, including wrongful or fraudulent trading and breaches of duty
• Investigation and pursuit of delinquent bankrupts
• Preparation and enforcement of CVAs and IVAs
• The implications to the workforce, including redundancies
• The disposal of businesses and assets

Key Contacts: Steve Dillon, Paul Plaxton, Chris Adams

Our insolvency team advises, assists and negotiates on:

• Business and asset purchases from insolvency practitioners
• Any liabilities that may be transferred with the purchase of an insolvent business
• Applications to restore dissolved companies and other Companies Act applications
• Retention of title
• Directors’ duties
• Wrongful and fraudulent trading

Key Contacts: Steve Dillon, Paul Plaxton, Chris Adams

Read about what a leading independent guide to the legal profession has to say about our insolvency and recovery team:

Legal 500 (2019 Edition)

Gosschalks covers the full spectrum of insolvency work nationally, including handling the enforcement of bank securities, investigations, restructurings and post-insolvency issues. Team leader Steve Dillon focuses on insolvency advice and litigation, while newly promoted partner Chris Adams has particular expertise in office-holder claims.