CORPORATE

Insolvency

Insolvency law for businesses and individuals

We have considerable experience in advising on all aspects of insolvency litigation, including acting for insolvency practitioners, companies, individuals and directors. 

Insolvency is when businesses or individuals are unable to repay their debts. It can be a complicated process that involves varied areas of law such as employment, tax, property, family and more.

As specialists, we can advise on the full range of contentious insolvency matters. Our services include:

For more information about our corporate legal services please call us on +44 (0)20 3475 6751 or email info@carterbond.co.uk

Acting for Individuals

We can advise and act for you in relation to: 

      • Steps to be taken to avoid Bankruptcy
      • Applying to set aside a Statutory Demand
      • Opposing a Bankruptcy Petition 
      • Negotiating settlement of claims, thus avoiding Bankruptcy
      • Steps to be taken if you have incorrectly been adjudged Bankrupt, including an annulment.
      • Dealing with the Official Receiver or Trustee in Bankruptcy
      • Seeking permission to act as a company director whilst Bankrupt
      • Protecting the interest of related parties in the matrimonial home or other properties
      • Recovering monies due to you from a debtor through the bankruptcy procedure
Acting for Companies

We can advise you and act for you in relation to: 

  • Steps to be taken to avoid Liquidation/Administration/Receivership of your company
  • Applying to injunct the presentation or advertisement of a Winding-up Petition
  • Opposing a Winding-up Petition
  • Cancelling a Winding-up Order
  • Dealings with the Official Receiver or Liquidator including defending claims against you for fraudulent or wrongful trading or having preferred creditors
  • Defending an action to disqualify you as a Director
  • Personal liability as a guarantor of the company’s debts or other obligations
  • Recovery of monies from a corporate debtor through the corporate insolvency procedure
  • Restoration of a company to the register for the purpose of a claim against it, or recovery of your own monies, for example in a bank account where your company has been “struck off.”

Acting for Insolvency Practitioners

We can advise you and act for you in relation to:

  • Recovery of real property and other assets from Bankrupts, associated parties and third parties, under sections 339, 340 and 423 Insolvency Act 1986
  • Actions against directors and shadow directors pursuant to Sections 212, 213, 214 and 423 Insolvency Act 1986
  • Actions against director and third-party guarantors under personal guarantees
  • Applications to annul Bankruptcy Orders or cancel Winding-up Orders 
  • Claims in respect of the administration of Insolvent companies/individuals
  • General claims and matters in the course of the administration of a Bankruptcy/Liquidation/Administration etc.
YOUR CORPORATE LEGAL TEAM
Naju Chowdhury

Naju Chowdhury

Commercial Solicitor

e: naju@carterbond.co.uk
t: +44 020 3475 2719
m: +44 07538 397 772

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Hammad Naveed

Hammad Naveed

Corporate Solicitor

e: hammad@carterbond.co.uk
t: +44 020 3475 2729
m: +44 07377 190 406

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Reena Popat

Reena Popat

Managing Partner

e: reena@carterbond.co.uk
t: +44 020 3475 6751
m: +44 07931 347 854

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WHY CARTER BOND
Partner Led

Unlike many law firms when we say partner or barrister led, we mean partner or barrister led. When clients work with us, they get constant access to the lead on their instruction. Yes, we have a team of solicitors and juniors for some of the groundwork and necessary research required by our clients, but this is when it makes financial sense to the client for us to do this. We provide constant contact at no extra cost as part of our service as most of our lawyers have their own business, so they know first-hand how important having a proactive, responsible and trusted partner on their side can be. And also how to work to a financial budget, and the way that legal decisions impact the wider organisation, which often requires balancing risks and competing interests.

Proactive Contact

Many ask us ‘what’s different about you?’ and we like to reply, ‘because we go the extra mile’. We see our work as building and maintaining good business relationships rather than just earning fees. How we do this is by keeping in constant contact with our clients and intermediaries. From pre to post instruction we ensure that our clients are informed of all legal issues that may impact their business and therefore lives. That is why we provide daily or weekly updates to ALL of our clients whether there is anything to tell them or not (we don’t charge for this we just see it as part of our service). We like our clients to rest peacefully knowing that when we are instructed, and we say ‘we will take it from here’ they know we mean it.

City quality, outer City fees

The world is changing, and many individuals are realising that lifestyle is as vital to them as is income. We are the lucky ones who can hand pick lawyers who can provide the best quality advice but at outer city costs. Our offices are in North West London which may not be the most salubrious in the market but at the same time this allows us to charge our clients for what they pay for, our advice NOT our office space.

ALL our lawyers have previously worked in large city-based law firms and continue to practise and offer  the same high level service  they provided to clients in the City but without the pressure and demands often dictated by City law firm. This allows us to be competitive on our fees without compromising our service.

All in all, our clients win, which is the way we like it.

Our knowledge and resources are yours

All our clients benefit from the same high level of care and attention whether the instruction is big or small. At the outset of each matter, we discuss the entire process with our clients, including the costs, potential outcomes and issues associated. This is to ensure clients are fully aware, knowledgeable and are in control always. Supporting and ensuring we provide the highest level of services, we offer our constant contact process with the partner or barrister leading  your file, a document log in for matters which are for larger and more complicated instructions and on-going support post transaction should our clients require it. Our aim is not just to get the work done, but to make our clients’ lives easier as we do it, which is why we ensure that our clients have regular access to the resources they need from us.

KIND WORDS

“They were able to get to the heart of the matter very quickly.”

Grant Seymour, Vinco Events Ltd
Grant Seymour,

“Outstanding legal services.”

Mitul Pandya, Charterwells Accountants
Mitul Pandya,

“Proactive and reliable”

Alain Rubeli, Valorize A.G.
Alain Rubeli,

“Extremely successful M&A transaction.”

Steve Barry, Evolution CBS
Steve Barry,

“Simply awesome!”

Dr Wendy Mathias Obsidian Healthcare Group Limited
Dr Wendy Mathias

“They really understand the importance and urgency of the matters they are dealing with.”

Yogesh Gopal, Everglade Windows Limited
Yogesh Gopal,

“All the legal side was handled brilliantly.”

Nigel Neame, Sterling Travel Management
Nigel Neame,

“They quickly grasped the essentials of what was required.”

Martin Norwood, TP Taverns Limited
Martin Norwood,

“They gave me great advice and were able to support me throughout all stages of the transaction. Thank you!”

Suraj Sodha,  WP Maintain Limited
Suraj Sodha,
HELPFUL RESOURCES
Corporate Insolvency for businesses - 6 things you need to know

Corporate Insolvency for businesses - 6 things you need to know

What is a deed of postponement between creditors?

What is a deed of postponement between creditors?

Corporate Insolvency - What does it mean?

Corporate Insolvency - What does it mean?

The powers of a liquidator in Corporate Insolvency

The powers of a liquidator in Corporate Insolvency

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For more information, or to discuss your requirements, please contact our team on +44(0) 20 3475 6751 or info@carterbond.co.uk