Expert advice catered specifically to you
Our clients include:
We also advise private individuals with interests in insolvent businesses and businesses with a claim against a business which might involve a step in the insolvency process. Our services cover advice on protection of assets prior to any formal insolvency process, and potential rescues of businesses. We advise in relation to administrations (including urgent rescue cases), with appointments of administrators made out of court by directors or companies and creditors including the holders of qualifying floating charges, banks and asset based lenders, through to private debenture holders.
We often act in “pre-pack” sales of businesses out of administration, dealing with everything from the transfer of assets and staff to compliance with the rules governing secret “pre-pack” business sales and marketing of insolvent businesses for sale.
Who We Work With:
We have experience of solvent restructuring, for example under section 110 of the Insolvency Act 1986, and we advise on bank securities, trusts and other equitable interest claims, as well as general asset recoveries including preference payments, transactions at undervalue and transactions defrauding creditors. We assist creditors with winding up petitions or converting from unsecured to secured creditor status such as by obtaining charging orders from the courts over assets of the debtor business and in the case of landlords, distraining for rent. We act for directors and partners in respect of their powers, duties and conduct, especially in businesses in distress and those directors facing disqualification or being pursued as guarantors.
We have particular expertise in insolvencies of solicitors’ practices, and the associated specialist regulatory issues.
Andrew Tonge is ‘technically able and commercial’ and is a ‘talented, proactive and diligent lawyer who achieves results for his clients’.
Jennifer is experienced in all areas of litigation, including contractual disputes, negligence claims, and debt recovery.