A recent ruling in the case of Systems Building Services Group Limited  EWHC 54 (Ch) should be considered by directors in relation to the survival of directors’ duties, as listed in sections 171 to 177 of the Companies Act 2006, following the …
We are one of the leading teams in the North of England dealing with formal insolvency assignments, including administrations, receiverships, liquidations and voluntary arrangements.
The Team acts for both insolvency practitioners and management and prospective purchasers - together with other stakeholders - in relation to formal insolvencies. We act for most of the leading national and regional insolvency practices in the region. Our depth of experience in this area means we are equally comfortable acting for management and those looking to buy businesses and assets out of an insolvency.
Our formidable reputation is demonstrated by both the number, size and complexity of the assignments that we are regularly instructed on. We are independently rated as one of the leading business restructuring and insolvency practices in the North and frequently act on a significant proportion of the region’s insolvency matters. We are often called on to act nationally as well.
Our commitment to, and work in, this area is backed up by our excellent and wide-ranging long-term relationships with fellow professionals, advisors, banks, asset-based lenders and private equity providers. A winning combination that gives you access to an unrivalled range of options and solutions.
Whilst the full impact of British Steel’s liquidation remains uncertain for creditors and suppliers, it acts as a timely reminder to review trading relationships and position in the supply chain.