Service to Insolvency Practitioners
FWJ is able to provide a full range of services to Insolvency Practitioners in respect of both corporate and personal insolvency matters and in respect of all types of insolvency procedures including administrations, liquidations, voluntary arrangements and bankruptcies. We also offer a specialist service to LPA and Fixed Charge Receivers and have experience of advising on members’ voluntary liquidations.
We regularly assist IPs from start to finish on cases, beginning with pre-appointment strategic advice, the mechanics of appointment (including applications and petitions at Court or drafting of voluntary arrangement proposals) and representations at hearings and creditors’ meetings.
Our offering in relation to realisation of assets is comprehensive and our Insolvency and Property teams can help with sales of businesses and assets, our Insolvency Litigation team can assist with the investigation and recovery of antecedent transactions, illegal dividends and directors’ loans and our Debt Recovery team can assist you with the collection of book debts and sales ledgers.
We can assist you all other aspects of a matter post-appointment, including validity and security reviews, evaluations of strategy, trading issues, employment and property concerns, retention of title claims, statutory deadlines and reports, annulments of bankruptcies, extensions and other applications to Court. In recent months we have also advised in respect of challenges or threatened challenges to remuneration and conduct.
Towards the end of a case we can assist you with adjudication, and where necessary rejection, of creditor claims and distributions of dividends, including the preparation of deeds of indemnity if required. Finally we can assist you with closing strategy and make any applications to Court in that regard.
Our insolvency solicitors
FWJ’s insolvency solicitors bring a wide range of experience from the Official Receiver’s office, accountancy and specialist insolvency businesses as well as the legal world in City, regional and international firms.
We pride ourselves on understanding our clients’ needs and getting to know their teams. We are happy to visit your offices to provide bespoke training suitable to your staff’s requirements and can also assist you with general compliance concerns and can undertake independent reviews of your files should you require.