What is corporate recovery and insolvency law?
Corporate recovery is where firms are rescued; this process is facilitated by professional accountants. Insolvency is where a business is unable to pay off debts owed in full. Both require a lot of legal work in order to be taken care of. We’ll step in and help if you want us to lend a hand.
- Company administrations – As an alternative to liquidation, administration stops companies trading while efforts are made to rescue them. Our insolvency solicitors can help untangle the inevitable web of legal issues.
- Company insolvencies – Insolvencies see companies being served with a winding-up order by a creditor as their money hasn’t been paid back. Should this affect your business, we’re available to help.
- Company Voluntary Arrangements (CVAs) – Insolvent business can use this to set up a debt repayment schedule while trading at the same time. We can make entering a CVA less time-consuming.
- Pre-pack administrations – As these involve selling the business or its assets to a buyer before an administrator is appointed you might need our legal expertise.
At times, trying to recover your business or manage insolvency can become incredibly complicated. By calling on our expertise in this area, you won’t have to worry about taking any wrong turns that could damage your company beyond repair.
Why Choose First4Lawyers?
What do you need to know about corporate recovery or insolvency law?
Can you take over an existing case?
Yes, in the vast majority of circumstances, we can take over an existing case. Whether you're dissatisfied with your current solicitor, feel as though your case is losing momentum, or simply want a change of direction, it's your right to change law firms, even if you're in the middle of it.
Need a hand? First4Lawyers will:
Recommend the most appropriate legal solution based on your personal needs
Give you a competitive quote if any work needs to be paid for
Connect you with a pre-vetted solicitor working to our 36 point customer service charter
Why choose First4Lawyers?
We provide a fast, effective business law service
We have won numerous awards for our work
We have a panel of solicitors who are experts in their areas
We can get in touch at a time which is convenient for you
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