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Formal Insolvency takes many forms, Liquidation, Administration, Receivership, Bankruptcy, Voluntary Arrangements. In addition, Business Recovery and Business Turnaround can sometimes be achieved without formal insolvency procedures being used.
Our Insolvency department has an excellent reputation. This is reflected by the department's recognition in both Chambers & Partners and the Legal 500 editions ranked as the 1st tier Insolvency department in the East Midlands:-
Chambers & Partners:
This insolvency group “is making great strides in the local marketplace,” and “it continues to punch above its weight.” The team has seen an upturn of work in dealing with both bankruptcies and corporate insolvencies and has cemented strong working relationships with many mid-tier IPs. Recommended for combining a “forward-thinking approach” with an “old-fashioned commitment to client satisfaction.” Richard Leman is “the pre-eminent senior statesman” in the market, according to sources, and has racked up more than 30 years of experience in all manner of insolvencies. “Standout lawyer” Nicola Calthrop-Owen is “one of the most visible players in the marketplace.” She is a licensed IP and a firm favourite of many regional accountants, who value her for bringing a “conciliatory approach” to the table. Insolvency litigator Chris Murratt has considerable experience in directors' disqualification cases and has developed a “highly respected” name among clients.
Legal500:
"Actons stands out both for the size of its Nottingham team and its 'excellent quality of service along with good value'. It has three partners dedicated to commercial insolvency: Richard Leman and the 'exceptional' Nicky Calthrop-Owen, both Licensed Insolvency Practitioners, and contentious expert Chris Murratt. Also an asset is Ian Baguley, who handles personal insolvency work."
We can assist you though all stages of the insolvency process from preliminary advice relating to financial problems through to formal procedures such as voluntary arrangements, bankruptcy and liquidation. We can also advise you of your rights in the event that your business is affected by the insolvency of financial problems of another business.
Access to details of the department's staff and articles produced by the department can be found above.