Restructuring/Insolvency

About

Provided by Paris Smith LLP

KEY INSOLVENCY AND RESTRUCTURING SERVICES

We can help you in the following areas:

• transactional insolvency (buying and selling distressed businesses and assets)
• contentious insolvency (disputes, potential claims and litigation)
• options in event of financial distress
• business turnaround and corporate restructuring
• effect of all forms of formal insolvency procedure including applicable moratoria
• negotiation and realisation of assets, including debts and bankruptcy properties
• cross-border insolvency
• exposures (including risk of prosecution) arising on insolvency and phoenixism;
• powers and duties of office holders, including appointments
• administration of insolvent businesses and estates
• all forms of litigation under insolvency legislation, including bankruptcy annulment
• directors duties and disqualification
• enforcement of creditor / landlord rights in insolvent situations

EXAMPLES OF RESTRUCTURING AND INSOLVENCY WORK

• Assisting the administrators of a major chain of convenience stores to maximise realisations and save jobs through the disposal of numerous trading outlets and associated premises.
• Acting for insolvency practitioners in claims against third parties and assets including bankruptcy involving unregistered commercial land in London and an administration involving a disputed charge over the assets of a bus company
• Advising creditors with their claims in insolvencies, including one who was a secured creditor seeking to protect a multi-million pound VAT appeal recovery.