Insolvency

It is a fact of life that some businesses fail. The continuing credit squeeze and a changing business climate mean that, regrettably, the failure rate may increase this year. Such failure of our clients has been historically rare, but many of them have to deal with the consequences of the insolvency of others, including business partners, suppliers, customers and competitors. Some, equally have expanded through the low cost acquisition of insolvent businesses and their assets.

Insolvency processes have seen some significant changes in the recent years and those are detailed in the article 'Insolvency: what's changed?'

This is a complex area of law, which can have major implications for all those who become involved in it. If you need further information on any aspect of insolvency or help at the early stages, when difficulties first emerge, please contact Andrew Roberts.

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