Top 7 of 7 law firms for Administration and Duties, Company Law | Taunton, Somerset
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Administration and duties covers the formal insolvency route for companies and the fiduciary duties of directors. It includes applying for or appointing an administrator, achieving a moratorium on creditor action, and pursuing rescue or restructuring while progressing a formal plan. A solicitor helps with drafting and lodging the relevant court paperwork, communicating with creditors, and coordinating with administrators and stakeholders to maximise value and avoid liquidation. It also covers the duties and duties of care directors owe, and how those duties interact with insolvency processes.
