The team at Pattersons has extensive experience of advising companies, directors and Insolvency Practitioners on all aspects of insolvency related matters in connection with administration, liquidation and voluntary arrangements including:
- Insolvent business and asset sales
- Antecedent transaction claims
- Misfeasance/breach of fiduciary duties
- Personal Guarantees
- Regulatory and compliance issues
An insolvent situation will very often require advice across multiple specialisms including employment, property and corporate. Pattersons has expertise in all such areas which enables us to deliver a complete service.
Our team prides itself on providing practical and commercial solutions to our clients, whether they are office holders bringing claims under powers granted to them by the Insolvency Act 1986 or directors/third parties facing claims arising out of a historic transaction. Such claims can arise from a transaction going back several years from the date of insolvency (and in some circumstances longer). As a result, it is imperative that specialist legal advice is sought at the earliest opportunity.