Insolvency and Corporate Recovery
IBB's insolvency and corporate recovery team undertakes a large amount of mainstream insolvency work (both contentious and non-contentious). The team is often consulted by insolvency practitioners, companies in difficulties, company directors and individuals in relation to their corporate recovery requirements.
Given the complex nature of this type of work it is becoming increasingly important to have access to specialist insolvency expertise. Our insolvency and corporate recovery team is able to offer you that level of expertise at a time when you really need the support to get through potential or current difficulties.
The team has developed extensive links with insolvency practitioners, banks and relevant professionals in the surrounding area and plays an important part in supporting our corporate, banking and finance and commercial real estate teams.
Commentators praise the team for its service levels, as underlined by clients who say that “response times are excellent, as is the quality of documentation and advice.” Clients include Aviva, AIB Group and Sony. Members of the team recently acted for Dorchester Holdings on winding-up proceedings against Pinkleton Properties." (Chambers UK 2013).
Range of advice
- Directors duties and disqualifications
- Preference / trading at undervalue claims
- Purchasing assets from IPs
- Debt recovery
- Personal bankruptcies
- Employment advice
Chambers in 2014 says:
"The team supports insolvency professionals and provides insolvency services for corporate, banking and finance and commercial real estate clients."
Tim Rutherford recently led the team when assisting some of the major shareholders of Compatriot Holdings with the company's de-merger. Market observers comment strongly on his intellectual prowess.