Who we help
For directors concerned about their company’s position and creditors or stakeholders affected by a distressed business.
What the service can include
- Directors’ responsibilities and legal exposure in financial distress
- Creditor correspondence, demands and insolvency-related disputes
- Legal aspects of proposed restructuring or business transactions
- Coordination with an insolvency practitioner and other advisers where appropriate
The scope is agreed for your matter. It depends on the documents, the issues and what you ask us to do.
How the work usually progresses
Establish the immediate position
We review the company, debts, demands and any hearing or response date.
Assess legal risk
We consider relevant decisions, transactions and the parties’ interests.
Agree the next steps
We scope the legal work and any need for specialist insolvency or accounting input.
What to prepare
- Recent accounts and cash-flow information
- Creditor list, demands and proceedings
- Details of guarantees and security
- Recent transactions and existing adviser details
Fees and the first consultation
The initial consultation is £325 + VAT. Further work is separately scoped and priced. We will explain the charging basis and any expected third-party costs before you instruct us.
Questions about insolvency
Are you acting as an insolvency practitioner?
Our service is legal advice. Where a formal insolvency appointment or financial assessment is required, a suitably qualified insolvency practitioner or other adviser may be needed.
Should I wait until a formal demand arrives?
Early advice can help you understand the position before decisions are made. If a demand or petition has arrived, tell us its dates when contacting the firm.