Insolvency
Insolvency Team of the Year - Law Awards of Scotland 2012
There is no doubt that for many businesses and individuals, these remain financially troubled times. As a consequence of the intensity of the banking crisis, many businesses that weathered the initial storm through cost cutting and improved efficiency are still finding the economic climate challenging at best. With little sign of bank lending increasing and the full effect of public spending cuts yet to bite, there appears to be no sign of relief for beleaguered businesses and individuals.
One consequence of these conditions is that more businesses and individuals are being exposed to insolvency related situations than ever before. Those in insolvency need advice on their options for rescue, turnaround and restructuring. Where this is not possible, they need advice on their duties and obligations. Creditors, whether secured or unsecured, need advice on securing and maximising their recovery from customers facing insolvency. Insolvency practitioners have a need for advice geared towards maximising the return to creditors.
Against this backdrop, now more than ever there is a need for insolvency advice that is specialist, innovative and robust. With our dedicated team - led by an accredited specialist with over twenty years' experience in the insolvency market - we are ideally placed to help you through the insolvency maze.
Key Services
We have extensive experience in providing effective and practical advice on insolvency related matters to a broad range of clients, including: banks, insolvency practitioners, secured and unsecured creditors, landlords, company directors, distressed companies and financially embarrassed individuals. We are experienced in advising in the following areas:
- Administrations
- Sequestrations
- Liquidations
- Company Voluntary Arrangements (CVA)
- Receiverships
- Insolvency litigation
- Insolvent assets and business sales and purchases
- Directors' duties
