If you are a shareholder in a company facing insolvency, then it is important to understand your rights and what you can do to protect the value of your shareholding. Otherwise, it might become worthless.
What happens on an insolvency?
In an insolvency situation, the benefit to being a shareholder is that your liability to the company and to its creditors is limited to the amount of your shareholding.
Unfortunately, the other side of this is that shareholders are at the bottom of the pile when it comes to getting paid out of any monies available in the company, and this almost inevitably means that shareholders will lose the money they invested.
How we can help you.
At Francis Wilks & Jones we have many years of experience advising shareholders on their risks, and on the remedies available to them to manage their investment in companies of all sizes. Contact us for a free initial conversation and we can see whether we can assist on any of the following
- How to protect your share value if the company is not yet insolvent.
- What steps can be taken to remove directors who are damaging the company.
- How to exert more control over management and the direction of the company.
- Personal claims against the directors if the company does go bust.
- Helping get a suitable Insolvency Practitioner appointed over the company and avoid issues being “brushed under the carpet”.
Contact us today to schedule a free consultation if you are concerned about any company insolvency issues and how to protect your interests as a shareholder. We can help you today.
I have found FWJ to be perceptive, to the point and realistic. They have been able to assimilate and forcefully defend a very aggressive claim with very limited historic information.A client we advised on a complicated property and partnership dispute