A quick reaction to the insolvency of a customer of your business is essential if losses are to be minimized. We are used to acting in circumstances where an immediate response is necessary so as to preserve, secure and recover creditors’ assets held by customers which are at immediate risk of insolvency, whether the assets were delivered or released subject to reservation of title, conditional or agency sale, free-issue, hired or simply loaned.
Our knowledge of the insolvency processes, experience of acting for office holders and understanding of the limits of an Administrator’s, Receiver’s or Liquidator’s powers helps us to achieve results for our supplier clients.
Insolvency Practitioners routinely instruct us to recover assets for the benefit of insolvency estates in circumstances where assets have been misappropriated or are otherwise wrongfully in the possession of third parties. We regularly act for Trustees in Bankruptcy in the recovery or realisation of Bankrupt’s properties or their interests in them.