The potential insolvency of a company is one of the most critical issues directors and shareholders of companies can encounter. Mellor Olsson provides strategic advice on all aspects of solvency.
We work closely with accountants, administrators, trustees and/or liquidators to ensure compliance by directors with legislative and other requirements that can impact on a company generally and on directors personally. Where necessary, we provide advice and recommendations to assist with reconstruction to avoid insolvency.
When insolvency or bankruptcy cannot be avoided, we are able to assist with winding up or bankruptcy proceedings for a company or an individual.
We provide advice to administrators, receivers, liquidators and trustees in bankruptcy on all aspects of the relevant law, particularly in relation to their obligations and responsibilities.
We also have experience in court proceedings on behalf of administrators, receivers, liquidators and trustees in bankruptcy and against administrators, receivers, liquidators and trustees in bankruptcy.
