Business Rescue and insolvency, legal advice |Tees Law

Business insolvency and corporate rescue solicitors: Expert legal advice

In these tough economic times more businesses than ever are feeling the financial strain. For many, insolvency is a genuine threat. If your business is facing this prospect, you need expert advice, and you need it fast. Talking to an insolvency expert will be your first step towards navigating your way through what can be a complex process.

How we can help

We can advise and support you on every aspect of your case, before and after the start of formal insolvency procedures. But we also take a preventative approach in the hope that we can keep your business up and running. We use strategic analysis along with formal and informal procedures to get you the best result. Speed is also vital in these situations. So you’ll find that we act fast, and that we always act in the best interests of your business.

Our insolvency experts work on all aspects of receiverships, administrations and liquidations.

In some of our recent cases we have:

Obtained an injunction to prevent the presentation of a winding-up petition
Acted against a company’s former administrator for professional negligence in failing to obtain a proper price for a principal asset
Obtained a judgment against the former directors of a company for breach of duty in paying out an unlawful dividend of over £400,000
Set aside a transaction where a bankrupt’s principal asset was provided as security on a development contract
Dealt with the legal aspects of the administration of a multi-branch furniture store
Advised on a complex claim against the directors of a railway company for breach of duty
Acted for a liquidator to protect the intellectual property rights of a company where the former director was seeking to register infringing trademarks