Insolvency and restructuring

Practice area

Insolvency & Restructuring

Insolvency & Companies List · Chancery Division · Court of Appeal

Office-holders need an answer, not a list of options.

What the work is

Claims brought by and against office-holders: wrongful trading, preferences, transactions at an undervalue, and the directors’ duties that begin to bite as a company approaches the line.

Office-holders are spending other people’s money and answer for it. We give one recommendation with the reasoning behind it, not a menu of options with the risk handed back.

The difficult judgments cluster around the moment a company crossed the line. Directors rarely know when that was, and the contemporaneous board papers are usually more helpful to the office-holder than to the directors who wrote them.

Funding shapes what is worth bringing. We advise on ATE cover, litigation funding and the assignment of claims as part of the merits view, because a good claim an estate cannot afford to run is not an asset.

Restructurings generate disputes that outlive them: challenges to a plan, claims between creditor classes, and the residue of arrangements agreed under time pressure. We are instructed on those as often as on the restructuring itself.

Typical matters

  • Office-holder claims for wrongful and fraudulent trading

  • Transactions at an undervalue and preference challenges

  • Directors’ duties in the zone of insolvency

  • Disputes arising out of schemes, plans and company voluntary arrangements

A first conversation

Tell us what happened. We will tell you whether it is worth fighting.

A partner reads every enquiry and takes the first call. You will hear back within one working day, and within a week you will have a written view on the merits and the likely cost.

Amir Sadeghi
Elspeth Rowan
Nadia Whitlock
Callum Reyes

★★★★★

Band 1 · Commercial Litigation

For urgent injunctions and freezing relief out of hours, call +44 7700 900118. Answered by a partner, not a service.

Put a matter to us

Send this to a partner

Send this to a partner

Send this to a partner

Westbridge
Insolvency and restructuring

Practice area

Insolvency & Restructuring

Insolvency & Companies List · Chancery Division · Court of Appeal

Office-holders need an answer, not a list of options.

What the work is

Claims brought by and against office-holders: wrongful trading, preferences, transactions at an undervalue, and the directors’ duties that begin to bite as a company approaches the line.

Office-holders are spending other people’s money and answer for it. We give one recommendation with the reasoning behind it, not a menu of options with the risk handed back.

The difficult judgments cluster around the moment a company crossed the line. Directors rarely know when that was, and the contemporaneous board papers are usually more helpful to the office-holder than to the directors who wrote them.

Funding shapes what is worth bringing. We advise on ATE cover, litigation funding and the assignment of claims as part of the merits view, because a good claim an estate cannot afford to run is not an asset.

Restructurings generate disputes that outlive them: challenges to a plan, claims between creditor classes, and the residue of arrangements agreed under time pressure. We are instructed on those as often as on the restructuring itself.

Typical matters

  • Office-holder claims for wrongful and fraudulent trading

  • Transactions at an undervalue and preference challenges

  • Directors’ duties in the zone of insolvency

  • Disputes arising out of schemes, plans and company voluntary arrangements

A first conversation

Tell us what happened. We will tell you whether it is worth fighting.

A partner reads every enquiry and takes the first call. You will hear back within one working day, and within a week you will have a written view on the merits and the likely cost.

Amir Sadeghi
Elspeth Rowan
Nadia Whitlock
Callum Reyes

★★★★★

Band 1 · Commercial Litigation

For urgent injunctions and freezing relief out of hours, call +44 7700 900118. Answered by a partner, not a service.

Put a matter to us

Send this to a partner

Send this to a partner

Send this to a partner

Westbridge
Insolvency and restructuring

Practice area

Insolvency & Restructuring

Insolvency & Companies List · Chancery Division · Court of Appeal

Office-holders need an answer, not a list of options.

What the work is

Claims brought by and against office-holders: wrongful trading, preferences, transactions at an undervalue, and the directors’ duties that begin to bite as a company approaches the line.

Office-holders are spending other people’s money and answer for it. We give one recommendation with the reasoning behind it, not a menu of options with the risk handed back.

The difficult judgments cluster around the moment a company crossed the line. Directors rarely know when that was, and the contemporaneous board papers are usually more helpful to the office-holder than to the directors who wrote them.

Funding shapes what is worth bringing. We advise on ATE cover, litigation funding and the assignment of claims as part of the merits view, because a good claim an estate cannot afford to run is not an asset.

Restructurings generate disputes that outlive them: challenges to a plan, claims between creditor classes, and the residue of arrangements agreed under time pressure. We are instructed on those as often as on the restructuring itself.

Typical matters

  • Office-holder claims for wrongful and fraudulent trading

  • Transactions at an undervalue and preference challenges

  • Directors’ duties in the zone of insolvency

  • Disputes arising out of schemes, plans and company voluntary arrangements

A first conversation

Tell us what happened. We will tell you whether it is worth fighting.

A partner reads every enquiry and takes the first call. You will hear back within one working day, and within a week you will have a written view on the merits and the likely cost.

Amir Sadeghi
Elspeth Rowan
Nadia Whitlock
Callum Reyes

★★★★★

Band 1 · Commercial Litigation

For urgent injunctions and freezing relief out of hours, call +44 7700 900118. Answered by a partner, not a service.

Put a matter to us

Send this to a partner

Send this to a partner

Send this to a partner

Westbridge

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