Whether a business is in financial difficulties or a creditor is looking for a remedy against one that is defaulting, it is imperative that the process and merits of initiating winding-up proceedings are understood.
The court procedure to wind-up a company is often complex and is carried out according to strict statutory provisions. We advise on issuing and receiving statutory demands and where necessary, make the right court applications to pursue or defend a claim. We are able to support you with all aspects of winding-up petitions, including representation at court when required.
We act for a number of insolvency practitioners assisting with drafting petitions and other statutory paperwork. In addition, we accept instructions from creditors, liquidators or administrators who wish to take proceedings against a business or its errant directors.
We can provide expert advice in the following areas:
- Business restructuring
- Directors duties and disqualifications
- Debt recovery
- Company voluntary arrangements
- Acquisitions of insolvent businesses and their assets
- Court applications