Insolvency and Turnaround legal advice

Insolvency and rescue

If your company is encountering cash flow difficulties, or is threatened by insolvency, it is critical that you act and seek advice as quickly as possible. If you are a director and are unable to pay your staff or creditors you will be in danger of damaging your personal finance as well as the company's business.

We recommend that you do not delay seeking help – it is not too late to come up with a solution and even rescue your business. A proactive approach early on will certainly reduce the need for precipitate action and is especially important if you know that you will be unable to meet your financial obligations.

If matters have progressed beyond rescue then we can advise on the options available to you and deal with any potential claims or regulatory issues, such as directors' liability and disqualification.

In all cases, our lawyers at Irwin Mitchell offer informed, focused expertise that will minimise the negative effect on you and your commercial interests and can, in certain circumstances, produce a long term positive effect on your business.

We are experts in insolvency

We are experts in corporate insolvency and turnaround. Our clients range from individuals and small businesses to large corporates and financial institutions. This affords us a detailed understanding of all perspectives and the capacity to handle your case with insight and expertise.

All cases are approached with an open mind and we will address potential solutions, often suggesting options which you did not know were possible. Your problems need not necessarily be terminal and liquidation is not the only ultimate outcome.

We are members of R3 (the Association of Business Recovery Professionals - the professional body for insolvency specialists) and sponsors of the Turnaround Management Association UK.

We hold formal insolvency qualifications and regularly provide education and training to fellow professionals.

Call us now on 0870 1500 100 to arrange a consultation with a member of the Insolvency team, or use the links above to drop us a line.