Liquidation and Insolvency
Our Liquidation and Insolvency lawyers at Blake-Turner regularly advise clients that are facing cash flow difficulties, wish to restructure or are facing aggressive creditors. Equally, we are often acting for those creditors and endeavouring to recover the monies they are owed.
Liquidation is one possible outcome. Click the following links for information and our services relating to Creditors’ Voluntary Liquidation (CVL) and Compulsory Liquidation
There are other routes and procedures that an insolvent company can take. These include administration and creditors’ voluntary arrangements (CVA). Please click on the foregoing links for information about those.
Whether you are a creditor or a business owner or director facing threats from your creditors, please contact Paul Cooper of Blake-Turner at email@example.com or on +44 (0) 7967 014788 to discuss your options further with our liquidation and insolvency lawyers.
Compulsory liquidation is almost always a creditor-led process – we often act for clients who are owed money by companies, and defending debtor companies.
Creditors’ Voluntary Liquidation
Creditors’ Voluntary Liquidation comes about when a company realises that it cannot pay its debts, or its liabilities are greater than its assets.