Insolvency Law

What is Insolvency Law?

Insolvency law concerns the point at which a person or company is unable to pay its debts, distinguished in terms of cash flow and assets.

• Cash-flow insolvency – when a person or company does not have sufficient funds to pay a debt when it is due.
• Balance-sheet insolvency – when a person or company does not have enough assets to pay its debts.

Our insolvency barristers have substantial experience with the latest developments in bankruptcy and insolvency laws following the introduction of the Enterprise Act 2002.

St Pauls Chambers Company and Insolvency Barristers

Members of St Pauls Chambers act as company and insolvency barristers for office holders, companies, directors and debtors in all aspects of contentious and non-contentious personal and corporate insolvency law. Our insolvency barristers can provide advice, advocacy and drafting in the following areas of personal and corporate insolvency law:

• The new administration regime under the Enterprise Act 2002
• Receivership and administrative receivership
• Voluntary and compulsory liquidations
• Fraudulent and wrongful trading
• Misfeasance claims
• Bankruptcy
• Voluntary arrangements (corporate and individual)
• Schemes of arrangement
• International and cross-border insolvencies (including issues arising under the EC Insolvency Regulation);
• Insolvent partnerships
• Transactions at an undervalue
• Preferences and statutory asset recovery under Section 423 of the Insolvency Act 1986

Why Choose St Pauls Chambers Insolvency Barristers?

Our insolvency barristers come with a wealth of experience, including many who have been appointed Kings Council for their excellence in advocacy. St Pauls’ insolvency barristers pride themselves on their ability to support each other and work as a team to achieve only the best results for clients.

Company and insolvency barristers at St Pauls Chambers have considerable expertise in proceedings against directors under the Company Director Disqualification Act (CDDA) and corporate restructuring and insolvency.

Members of St Pauls Chambers have advised and appeared in a number of Directors Disqualification cases, both in contested hearings, applications for leave to act as a director under s17 and in compromising cases by way of undertakings.

The work of our insolvency barristers also includes personal insolvency law, often overlapping with chancery law. St Pauls Chambers members are well-versed in personal insolvency law, providing advice and acting for trustees in bankruptcy, supervisors/nominees in IVAs, as well as debtors, creditors and bankrupts.

If you need support with insolvency law, for personal insolvency or a commercial barrister for company insolvency, St Pauls Chambers insolvency barristers are highly experienced in securing the best outcome for our clients in a variety of insolvency cases.

Contact us today for help and support with personal or company insolvency matters.