Insolvency & Law
Business Rescue and Insolvency Help for Company Directors
Confidential Free Advice ... Call Now 020 7504 1300
About Us
Who We Are
We are a company with real professional expertise in company insolvency, business rescue and financial recovery.
What We Do
We provide a specialist and confidential service to company directors like you. With our leading service we help you to rescue your business assets from your old company and start trading again with your new company. This does not have to be a pre pack sale and administration or company liquidation and it does not have to cost you personally to fund the purchase of the business assets.
Our other services include dismissing and or issuing creditors winding up petitions; dealing with your creditors and or your debtors; advising you on various matters regarding company insolvency and protecting your personal interests.
We also take instructions from creditors to seek financial redress from the directors of insolvenct companies (past customers) now in liquidation or other insolvency procedure.
Who We Work For
We act in the interest of company directors like you. We also act for creditors so we have vast knowledge and a wealth of experience gained from serving the interests of both sides.
Our knowledge
We know the insolvency process; business rescue; creditors winding up petition; company voluntary arrangement; pre pack sale; company administration; company liquidation; receivership; directors disqualification and personal liabilities proceedings and more.
Company Directors Personal Liability
Directors' personal guarantees enforcement action; directors' personal HM Revenue & Customs liabilities; directors' disqualification proceedings; directors' section 212 misfeasance court proceedings; wrongful trading; fraudulent trading; directors' criminal convictions; directors' assets confiscation orders.
Our Experience - Creditors
During the last recession and mid 90s we worked exclusively on behalf of creditors and brought many directors to account personally to creditors for causing them loss through liquidating their companies. For many directors this was an experience in hell as we made them pay substantial compensation to their creditors for having caused them to suffer financial loss. Many directors lost their homes and other assets, and for some, the consequences were more severe.
Our Experience - Directors
During the recent recession we were working exclusively for company directors; showing them how best to re-finance, restructure and rescue their business assets. We were advising company directors from personal liability, legal proceedings brought against them by HM Revenue & Customs, HM Insolvency Service or the insolvency practioner and or creditors action now or in the future.
Now we act for both sides; Company Directors and Creditors and acting in their best interests respectively.
Our Experience - Insolvency Practitioners
Insolvency practitioners have an overriding legal duty to protect the interest of creditors, usually secured creditors, and not directors. However, Insolvency practitioners habitually subject the unsecured creditors to an insolvency process that is totally undemocratic. Thereby, unsecured creditors consistently are the silent losers 99.9% of the time during all types of company insolvency.
Insolvency practitioners will always advise you to commence insolvency proceedings regardless of what is best for you, so they earn typically substantial fees.
Insolvency practitioners are also the first to get paid their fees from the proceeds of the insolvent company's funds, from assets realised, thus making the position worse for the compnay's creditors, especially the unsecured creditors.
Insolvency practitioners have a legal duty to report any wrong doing to the appropriate authorities; police, HM Revenue and Customs, Secretary of State for Business Innovation and Skills (BIS).
Insolvency practitioners can require you to return property and repay any director's loans the company has made to you or demand that you make a personal financial contribution into the estate of your liquidated company.
Insolvency practitioners can report you to Secretary of State for Business Innovation and Skills (BIS) as being an unfit person to hold office as a company director; in this instance company director disqualification proceedings will usually follow.
In the event of a third party investigation or a section 212 misfeasance action against you, the insolvency practitioner will not act in your interest but their own. Our experience in dealing with insolvency practitioners will be of invaluable help to you.
Do You have a Specific Question?
Ask our expert Peter Murray …
Send your question by email and our expert Peter Murray will email you back with his answer to your questions.
All communication is strictly confidential.
We will get back to you promptly.
