Business recovery and insolvency services
When it comes to dealing with matters relating to business recovery and insolvency, we understand that finding the right advice quickly can make a huge difference to the outcome of your case and the future of your business.
We understand the commercial realities your business is facing at this time, and we are well-placed to offer the most effective legal support when you are experiencing distress and financial difficulties.
Our specialist solicitors have a strong presence and reputation in the insolvency and business recovery landscape. You may be looking to restructure your business for the future, considering how to deal with issues relating to insolvent tenants or seeking assistance with more complex situations.
Proven expertise in insolvency litigation
Our team has a long track record in contentious issues and will represent you in insolvency-related litigation, both locally and nationally. We are widely recognised for our quality of service, industry knowledge and no-nonsense approach to securing effective results for our clients.
Our business recovery and insolvency team work closely with other teams in Ramsdens, including our corporate and commercial, real estate and employment teams.
Our insolvency services
Our recovery and insolvency solicitors can help you with:
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Corporate insolvency
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Creditor recoveries
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Advice for directors
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Investigations / asset realisation
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Personal insolvency
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Property and tenant insolvency
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Turnaround and recovery
Who we work with
We advise businesses, from large companies to smaller owner-managed organisations, and work together with other business advisers such as accountants, surveyors and insolvency practitioners to achieve the right outcome for you, your business, and your employees.
Find out if we can assist you by speaking to our expert team today. Call us on 01484 821 500 or email us at [email protected] and we will be in touch at a convenient time for you.
How we have worked with others
- Acting in investigations being made into the directors of insolvency companies, dealing with the Company Directors Disqualification Act 1986 and compensation orders.
- Advising liquidators and administrators in relation to the insolvency and realisation of assets.
- Advising creditor companies on the actions of liquidators and maximising the recovery of monies owed to creditors .
- Acting for administrators on a complex sale of the business and assets of an engineering company, which resulted in numerous jobs being saved.
- Acting for the liquidator of a company in pursuing the former directors of the company in respect of their overdrawn directors’ loan accounts and unlawful dividends, which resulted in a return to creditors that would otherwise not have been achieved.
- Acting for a trustee in bankruptcy in pursuing a large transaction at an undervalue claim.
- Recovering substantial debts, together with costs, for a creditor, which was owed to them by one of their former customers.
- Acting for a former director in negotiating a settlement relating to a preference claim made against him by a liquidator of an insolvent company.
Here’s what sets Ramsdens Solicitors apart
Our credibility and reputation are built on us being able to provide a more personal and effective service than much larger legal practices. Our clients include insolvency practitioners from both national and independent firms across the region. We deal with businesses, their shareholders and creditors, directors and private individuals. We also have strong relationships with many banks and asset-based lenders within the region.
Upfront pricing and processes
At Ramsdens Solicitors, we understand that legal matters can be financially stressful. That’s why we prioritise transparent and upfront pricing. You’ll always know the costs involved before we begin, eliminating any financial surprises along the way.
Services tailored to you
We’re also mindful of budgetary constraints. We work closely with you to develop solutions that are tailored to your specific needs and fit comfortably within your budget.