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Creditor duty covers the duties owed by a company to its creditors, and the steps lenders and other creditors take when a company is insolvent or near insolvency. A solicitor in this area helps clients understand remedies to protect and recover debt, negotiates restructurings, and navigates enforcement options under insolvency law. They advise on security enforcement, winding up, and dealing with administrations, administrations, and company moratoriums, as well as potential wrongful trading and preference considerations. The work shapes how creditors secure repayment and manage risk throughout the corporate life cycle.
The solicitor handles security documentation, enforcement of charges, negotiations with administrators and debtors, and navigates Insolvency Act provisions (including wrongful trading and preferential payments). They advise on protective steps for creditors, run due diligence on recovery prospects, and prepare documentation to support enforcement or restructurings, coordinating with insolvency practitioners and courts as needed.
You searched for Creditor Duty specialists. Here are related areas of law to help you narrow down your results.
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Tagged solicitor Aimee Gaston
Aimee really helped me through the process of our Shareholders Agreement and Articles, Aimee was very patient and kept reminding me where I had got to and what needed finalising, very patient and no judgement on my inability to focus on this level of detail.
Review left by Paul Hindmarsh
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Tagged solicitors Carla Robinson and Liam Bawden
Liam and Carla provided outstanding legal support throughout my company dispute. Their knowledge, professionalism, and commitment were evident from start to finish. They kept me fully informed at every stage, explained all the legal complexities clearly, and worked diligently to secure the best possible result. I am very grateful for their help and would highly recommend them to anyone needing expert legal advice and representation.
Review left by anonymous
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Tagged solicitors Arj Arul and Rachel Chambers
Arj & Rachel spared no effort to help me navigate a really complex issue spanning the Companies Act and Articles of Association. This entailed really extensive reading into an issue that had been unresolved for over a year, and very swiftly the position I could take was defined clearly with full explanations given at all times. I'll will never forget how at one point he responded to developments and provided me with guidance with virtually no notice. If you want really deft handling of a situation with the highest professionalism, you have reached the right place. In every way the service provided was deft, considerate - and altogether outstanding.
Review left by Jezza
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Tagged solicitor Andy Herricks
⭐⭐⭐⭐⭐ I instructed Andy to help put proper governance arrangements in place for a long-established family land-holding company. The work involved preparing a Shareholders' Agreement and advising on a number of complex issues around share transfers, succession, minority protection and company governance. Throughout the process, Andy was knowledgeable, responsive and patient in answering what was, at times, a long list of questions. He took the time to explain the legal principles behind the drafting, challenged historic practices where necessary, and helped us reach a practical solution that protects both the company and its shareholders. I particularly appreciated that he welcomed questions and provided clear explanations, enabling us to make informed decisions rather than simply accepting legal wording at face value. We're now in a much stronger governance position than when we started and have a Shareholders' Agreement that is tailored to our company and its future. I'd have no hesitation in recommending Andy and Clough & Willis for corporate and shareholder legal advice.
Review left by Tracey Price
