Corporate Insolvency Lawyers
If your business is struggling with cash flow, it is probably temporary; however, your creditors may be chasing you for a payment you cannot afford to pay. In our experience it's essential to seek advice at an early stage to avoid the possibility of insolvency proceedings.
Whether you are in arrears with VAT, PAYE or Corporation Tax payments to HMRC, have received a winding up petition, need to enter into arrangements to allow you time to pay or are potentially facing insolvency, we are here to help you.
For a no-obligation consultation to discuss your situation with our expert and specialist corporate insolvency lawyers, please call us today at our London office on 020 7467 3980 or complete our online enquiry form.
Who Summit Law help?
We adopt a sensitive, practical and, where appropriate, creative approach to the services we offer which best serves our clients’ aims and interests. We also take time to understand and get to know our clients, enabling us to build strong and long-lasting professional relationships.
Our leading corporate insolvency solicitors regularly assist businesses with a range of issues including:
- Companies facing statutory demands or winding-up petitions
- Directors of companies in financial difficulty
- Directors facing personal liability being pursued by liquidators
- Directors being pursued by the Insolvency Service
- Liquidators with claims against directors or shareholders of insolvent companies
- Creditors where debtors have entered into a transaction to defraud creditors
- Insolvency practitioners recovering assets
- Claims against insolvency practitioners who have breached their duty to creditors
- Shareholders making claims against directors for causing a company to become insolvent
Why choose Summit Law?
As a Law Society Lexcel Accredited law firm, our experienced corporate insolvency lawyers offer a bespoke service that caters for your individual needs from start to finish at what can be one of the most emotionally draining and troubling times of your business’ life.
Our specialist team of corporate insolvency lawyers are industry leaders in providing the best advice and representation and that is why we were nominated as Insolvency Law Firm finalists of the year.
We are a contemporary and progressive law firm specialising in a full range of legal services for commercial clients and individuals alike. We combine thoughtful and intelligent advice with a highly personable approach. We are appreciative of the fact that the sensitive needs of each client often vary.
As specialist corporate insolvency solicitors we are at your disposal to assist with all forms of insolvency related advice. In particular we can assist with cross-border and international offshore dimension issues.
Common Corporate Insolvency matters
Summit Law are regularly instructed by companies, directors, shareholders, creditors and insolvency practitioners. We are often asked to assist companies with winding up petitions or claims being brought by liquidators.
As corporate insolvency specialists we have a depth of experience to help you manage a variety of insolvency issues. If you have been served with a winding up petition we can help negotiate with the creditor or apply for an injunction to stop the creditor from placing your company into liquidation.
If a winding up petition has been presented you will not be able to make payments for example to staff or your landlord unless you get court approval. This is called a validation order and we can help you apply to the court for permission.
If you are being pursued by a creditor or a liquidator, we can help defend you and fight your corner.
Our specialist insolvency and restructuring solicitors can assist you with the following:
- Defending directors facing claims from misfeasance, breach of fiduciary duties, fraudulent trading, wrongful trading, transfers at an undervalue and preference payments
- Defending Statutory Demands and Winding up petitions
- Creditors Voluntary Liquidations (CVL)
- Compulsory liquidations
- Trading whilst insolvent
- Validation orders
- Administrations and selling your company
- Advising you if you are being investigated by the Inland Revenue
- Claims that you made a ‘preference’ payment or sold an asset at an undervalue
Our specialist team takes great pride in getting to the heart of the issues as quickly as possible and our job is to fix the problem as soon as possible.
All our insolvency lawyers are well versed in both corporate insolvency and personal insolvency matters. We understand and appreciate just how delicate this area of law can be – not just within the confines of the courtroom, but also the psychological demands placed on directors and their families – and how to navigate through the process in a way our clients feel as comfortable and as assured as can be expected in all the circumstances.
Corporate Insolvency - further information
Call our Corporate Insolvency lawyers
Insolvency litigation can be stressful and tough at times, but it doesn’t have to be that way. We will help devise options and strategies to enable you to make informed decisions at every turn. If litigation is the only viable remaining option, we will fight your corner with vigour but will not lose sight of what your ultimate goals and objectives really are.
At Summit Law, we offer all our prospective clients a free initial no-obligation telephone consultation, the intention of which is not just to provide outline preliminary advice on the courses of action which may be available to you but to offer an opportunity for us to get to know you and more importantly, for you to get to know us.
For more information, please contact our corporate insolvency lawyers today by calling 020 7467 3980. Alternatively, you can complete the online enquiry form and a member of our team will call you back to discuss your situation.