Our Insolvency Disputes Team has been involved in a number of high-profile claims and cases. Highlights include:
On behalf of insolvency practitioners:
- Advising the administrators appointed to a national retail chain in connection with retention of title claims and disputes with other suppliers
- Securing returns to creditors after advancing claims against Directors upon breach of duty to recover unlawful dividends, preferences (payments of) and transactions at an undervalue
- Securing returns to creditors in advancing claims by administrators against banks for IRHP mis-selling
- Advising a trustee in bankruptcy on the adjudication of disputed debts
- Advising insolvency practitioners on the validity of their appointment and disputes concerning that validity
- Successfully advancing claims on behalf of a trustee in bankruptcy for possession and sale of the bankrupt’s property
On behalf of directors/debtors:
- Advising directors in the successful defence of claims of wrongful trading and breach of duty brought by liquidators for £42m
- Successfully defending claims by a liquidator for ‘preferences’ and ‘transactions at an undervalue’
- Successfully defending allegations of misconduct and claims for Company Director Disqualification Orders and Bankruptcy Restriction Orders
- Annulling bankruptcy
- Successfully defending proceedings for possession and sale of the bankrupt’s/family home
- Successfully mitigating calls on guarantors on behalf of other stakeholders
- Successfully advancing multiple claims (involving fraud and forgery) against a company, its debtors, directors and shareholders under guarantees
- Successfully advancing civil claims for bribery, conspiracy to defraud, directors malfeasance and account of profits for a US parent of a UK trading company against its former director and competitors, including subsequent enforcement proceedings
- Successfully recovering possession of premises let to businesses entering administration or liquidation
- Successfully advancing creditors’ claims for retention of title in the context of proposed creditors’ voluntary arrangements by their customer