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This work covers how companies and individuals deal with insolvency, including rescue solutions and formal insolvency procedures. A solicitor in this area advises on administrations, liquidations, Company Voluntary Arrangements (CVAs), creditor negotiations, and related court applications, often coordinating with insolvency practitioners and the Official Receiver. They assess options, prepare and file documents, negotiate with creditors, and protect the client’s interests in proceedings that determine who pays whom and how assets are realised.
