If you’re buying a business in administration or liquidation there are other factors you’ll need to take into account.
Our team of insolvency lawyers work alongside our corporate lawyers, who can advise on how to avoid the pitfalls that can occur when buying an insolvent business.
We can also help in liasing with the administrator or liquidator so that you can get the best possible deal.
"Nicky Calthrop-Owen heads Actons’ practice, which is praised for providing ‘clear, accurate and unambiguous advice’"The Legal 500
The Legal 500 2021: Insolvency & Corporate RecoveryActons' Nottingham practice is frequently appointed in insolvency cases to represent joint trustees, administrators or liquidators. In addition, the team handles non-contentious insolvency and restructuring work and bankruptcy annulments. Licensed insolvency practitioners Nicky Calthrop-Owen and Annabel Whittaker both have a wealth of experience in corporate and personal insolvency mandates.
"Well reputed for its work on a wide range of contentious and non-contentious restructurings and insolvencies. Acts for insolvency practitioners in corporate and personal insolvency situations. Able to handle insolvency situations with cross-border aspects."Chambers & Partners
"Nicola Calthrop-Owen is a licensed insolvency practitioner and heads the firm's insolvency team. She advises clients on both contentious and non-contentious matters and is praised for being "extremely knowledgeable and commercially astute."Chambers & Partners 2017