Formal Insolvency
The Khan Partnership team advises upon the various mechanisms which result in a formal insolvency process and upon all matters arising for all parties affected by the insolvency, including the insolvency practitioners who are appointed.
The formal procedures include:
- Corporate voluntary arrangement
- Administration
- Administrative receivership
- Company voluntary liquidation
- Compulsory liquidation
- Individual voluntary arrangement
- Bankruptcy
The areas of work covered include:
- advising insolvency practitioners on the validity of their appointment
- dealing with retention of title claims sales of assets out of insolvency, including pre-packaged deals
- acting for either vendor or purchaser wrongful trading
- preference, undervalue and misfeasance claims
- dealing with proofs of debt advising upon the effect of the administration moratorium
Related areas:
