Insolvency and
Restructuring

Overview

The Khan Partnership's Insolvency and Restructuring Team offer a range of services to all those involved with financially distressed and insolvent individuals, companies and other legal entities.

We have an experienced team who can deal with both contentious and non-contentious instructions.

We advise all stakeholders in such businesses including directors, shareholders, investors, trade creditors, bankers and other professionals such as turnaround experts and insolvency practitioners.

Our advice may be sought well before any formal insolvency is necessary or at a time when rescue is possible but not certain. Alternatively we may only become involved after an insolvency appointment has taken place.

We can advise on all the different legal options available for the client, their advantages and disadvantages and their consequences or risks.

Sometimes avoiding formal insolvency will be the most attractive option and will be achievable, whereas in other cases insolvency may be expedient or inevitable.

Each type of formal insolvency, whether individual or corporate, has a different set of rules and we will advise the client upon these, with emphasis on the commercial reality of the situation.

The following key areas are covered:

• Business Restructuring
• Formal Insolvency
• Contentious Insolvency
• Cross-Border Insolvency
• BVI Insolvency