Insolvency Claims

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Those whose business is facing serious financial problems regularly feel overwhelmed and consumed by worry and fear.  As an experienced barrister of 15 years, I regularly act for individuals and companies facing insolvency-related issues.  I work closely with insolvency practitioners in the UK and internationally to advise on formal and informal arrangements with creditors.  My objective is to ease the burden off your shoulders and put in the hard work required to ensure my clients receive the best outcome so they can move on with their lives.

Insolvency Claims Lawyer

Those whose business is facing serious financial problems regularly feel overwhelmed and consumed by worry and fear.  As an experienced barrister of 15 years, I regularly act for individuals and companies facing insolvency-related issues.  I work closely with insolvency practitioners in the UK and internationally to advise on formal and informal arrangements with creditors.  My objective is to ease the burden off your shoulders and put in the hard work required to ensure my clients receive the best outcome so they can move on with their lives.

I represent and advise on:

  • Administrations
  • Asset tracing and recovery
  • Bankruptcy
  • Claims against directors
  • Voluntary arrangements for individuals and companies
  • Director disqualification
  • Liquidations
  • Receiverships
  • Restructuring and refinancing
  • Winding up petitions
  • Wrongful and fraudulent trading
  • Antecedent transaction claims involving wrongful preferences, transactions at an undervalue, and transactions alleged to have defrauded creditors

Why does insolvency become contentious?

Parties involved in insolvency may be pursued by creditors or insolvency practitioners who often try to recover payments made to Directors including directors’ loans, salaries, and bonuses.

Directors and others may face liability claims regarding the company’s debts or claims of wrongful or fraudulent trading. This could result in director disqualification proceedings being issued and even a criminal investigation.

I advise on obligations and duties to implement an effective strategy to mitigate risk, resolve disputes and secure the best outcome for our clients.

Whether the insolvency involves a UK company being affected by a parent or debtor company abroad, or foreign creditors are pursuing individuals and businesses in the UK, I will help protect you and your business.

Directors face numerous responsibilities in an insolvency situation and these are governed by the Insolvency Act 1986.  The most important principle is that when it becomes clear or ought to be clear that the company will inevitably fall into insolvency, a director’s duty switches from making the business profitable to one of minimising potential loss to creditors.

Therefore, to avoid insolvency becoming contentious, it is imperative to seek expert legal advice as soon as you realise insolvency may be a possibility.

Failure to disclose assets in a bankruptcy situation

I have robustly defended clients accused of failing to truthfully disclose assets in the event of bankruptcy.  Often the Trustee attempts to assign ownership of an asset to the bankruptee when in fact they lack a beneficial interest in the asset.  I will work with forensic accountants and other experts to swiftly produce evidence that no ownership exists.

Wrongful Trading and Fraudulent Trading

I have vast experience in advising and representing clients in wrongful trading and fraudulent trading accusations and claims.  My reputation for successfully beating these types of claims at court and my ability to immediately ascertain weaknesses in the other side’s case means most of my clients benefit from an early settlement, allowing them to get on with their lives.

As a barrister with in-depth insolvency law expertise, I can also represent directors who have been disqualified and wish to make a director disqualification permission application.

Get in Touch

Tanveer is happy to be contacted directly by individuals, solicitors, in-house counsel and other professionals. He primarily accepts instructions on a private basis, however, in limited circumstances, he will accept legal aid instructions.

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