OUr Expertise
Corporate Insolvency
Corporate Insolvency Advice & Litigation
Generally, where a debt is owed by a company, a petition to wind up, or dissolve, it may be issued if certain conditions are met. If the debt is due now; the creditor has demanded it and it remains unpaid; the debt is undisputed; and the debt is more than £750, it is likely that a petition to wind up the company will be successful. The advertisement of a winding up petition can damage a company’s reputation within a very short period. The company will have 10 days from the date of the winding up petition to prevent the winding up being advertised.
When matters of corporate insolvency arise, our barristers are specialists in providing strategic and tactical legal advice, advising and representing corporate clients in a variety of matters. Our clients include administrators, liquidators, company directors, shareholders, creditors, and debtors alike on their essential next steps.
How Our Process Works
Instructing our direct access barristers is the cost effective alternative to the traditional route of engaging a solicitor first. The process is just as straightforward. Here’s how the process works:
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Initial Consultation
In the consultation the barrister will assess your legal position, devise a legal strategy, and give you appropriate advice on the necessary next steps to achieve your objective.