Business Insolvency

RJS provides expert advice on insolvency, helping businesses take early action to reduce risk and avoid personal liability. We also advise directors facing claims from liquidators or lenders.

If your business is suffering financial difficulties and you need advice on what do to next, RJS can provide expert advice on all aspects of insolvency law. Early action can pay dividends and we can look at what steps may be needed to avoid personal liability. It is important to ensure that you do not trade whilst insolvent or take any action that could lead to personal liability on your part.

In the event of your company entering insolvency, you may face a claim from a liquidator or the company’s former bankers, in which case we can advise you on issues such as transactions at an under value, preferential payments, bank guarantees and trading whilst insolvent.

We provide timely, commercially focused advice to support you through insolvency situations, helping you protect your position, understand your rights, and take practical steps to minimise financial impact during what can be a challenging period for your business.

• Advise on your legal position when a customer or debtor becomes insolvent
• Assist in recovering unpaid goods through enforcement of retention of title clauses
• Represent or support you at creditors’ meetings to help maximise returns
• Defend claims brought against you by liquidators or administrators
• Provide strategic guidance to protect your interests and reduce risk