Primas Law’s insolvency team will always do right by you and the future of your business.
We pride ourselves on our ‘quality as the priority’ approach and can help navigate even the most difficult circumstances, with our expert corporate restructuring lawyers explaining complex issues in a simple and accessible way.
It is important that you understand the options available to you, in order to rescue your business and manage creditor pressure. Our experienced insolvency solicitors will walk you through alternatives, such as rescuing or restructuring your company, guiding you on the best route for your business.
We work closely with insolvency practitioners both regionally and nationally to provide a complete and seamless service.
With our team of insolvency solicitors, you can be confident that your business is in the safest pair of hands.
Our Corporate Restructuing and Insolvency solicitors are experts in their field and can offer knowledgeable legal advice and guidance in matters from business and asset sales to insolvency litigation and winding up petitions.
Our team of Insolvency solicitors bring particular expertise and speciality to the table, ensuring we provide a complete and well-rounded service. Whether it be directors’ advice, restructuring, liquidation, debt recovery or something else, our insolvency solicitors are on hand to support you every step of the way.
If your business needs corporate and insolvency law support, get in touch today.
A company is insolvent when it is unable to pay creditors as they fall due, alternatively when the value of its creditors exceeds the value of its assets. The position is the same for individuals.
If you are concerned about your position, whether due to creditor pressure or otherwise, it is important to take advice from an insolvency professional and we are ready to assist you.
There are processes available to allow a company or an individual to avoid formal insolvency, which we can assist you with.
Where a formal insolvency process such as liquidation is unavoidable, we work with stakeholders to achieve the best possible outcome.
Insolvency in business refers to when a business can’t pay its debts.
While insolvency is a financial state, wherein a business or person cannot pay their debts, bankruptcy is the legal process which occurs when a person declares they cannot pay back their debts.
Bankruptcy is a way for individuals to deal with debt, and so only applies to the individual and not limited companies or partnerships.
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