Types of Insolvency

Types of Insolvency

• • Compulsory Voluntary Arrangement (CVA)
    
    
  • Administration or Administrative Receivership
    
    
  • Business Turnaround – Business Recovery
    
    
  • Members Voluntary Liquidation (MVL)
    
    
  • Creditors Voluntary Liquidation (CVL)
    
    
  • Compulsory Liquidation (Creditors Petition)
    
    
  • Personal Bankruptcy
    
    
  • County Court Judgments (CCJs)

See Voluntary Insolvency Arrangements and Forced Insolvency Arrangements

Not only can we advise on the process of insolvency procedures, but we can also help to identify where changes could be made and discuss the legal implications and solutions of each area of insolvency, delivering to you a plan to help your business survive, reform, or liquidate on the best possible terms for any of the options available.

Our Litigation and Disputes team can advise how to dispute an insolvency action, or to assist asset managers, Insolvency Practitioners and financial institutions, on what transactions ought to be investigated.

In many cases, a client will require an Insolvency Practitioner (I.P.) to be onboard with the processes that Lawson West can deliver, at Lawson West we have business relationships with various local I.P.’s who we can bring onboard to carry out those non-legal duties.

Contact Us
Our experienced Litigation and Disputes team of lawyers and solicitors is here ready to help you further in any insolvency action or litigation. We act for business directors and business owners and we can advise and provide support.