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This area covers the duties and liabilities of company directors and how insolvency affects those roles. It includes when a company is in trouble, what actions directors can or must take, and the consequences of decisions made while insolvent. A solicitor in this field advises on director responsibilities, fiduciary duties, and the risks of personal liability, and helps prepare and file documents with Companies House and other bodies. They also guide on restructuring, administration, or liquidation and liaise with insolvency practitioners and creditors to protect the client’s position.
Directors’ duties include acting in the best interests of the company and its creditors when insolvency looms. A solicitor drafts board resolutions, shareholder notices, and governance documents; reviews and negotiates restructuring plans; and coordinates with insolvency practitioners, the Insolvency Service, and court proceedings. They handle investigations into conduct, advise on wrongful trading risks, and prepare representations to creditors or the court to secure a controlled wind-down or rescue.
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Tagged solicitor Rebecca McCann
Rebecca managed my interests in a share sale / restructuring transaction to facilitate my partial exit from a limited company. This was a fairly complex transaction involving setting up a new holding company, the transfer of shares, the sale of shares and new service agreements for the directors. To be honest I wasn't looking forward to working through the legal process to make this transaction happen but Rebecca (and the team at Forbes) made it seem easy. I can honestly say it was a pleasure to work with them and I would not hesitate to recommend them.
Review left by John Wilcock
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Tagged solicitor Elinor Hind
I have been in the property business for over 30 years, and I have used various solicitor firms from London to Edinburgh. However I have never come across such professional, helpful, and efficient solicitors such as Anna and Elinor. They provided me with a wonderful service and were caring towards my needs. They re-wrote the articles of my company and went over and beyond to sort my issues out. They also did a PG certificate. These 2 ladies are the jewel in the crown of your firm and I would highly recommend them to my friends and family. If I was looking at employing solicitors myself, I wouldn't hesitate in giving these 2 ladies a job.
Review left by Adam
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Tagged solicitor Melanie Finlay
This was our third time with Sweeney Miller and again we found them incredibly helpful, this time with our flat purchase. David, Mel, Madison and team were all informative, diligent, persistent and professional throughout, despite the seller’s solicitor being less than helpful at times. We are happy to recommend this firm for conveyancing and are grateful for their support through a trying situation.
Review left by Fiona
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Tagged solicitor Jamie Connolly
Rachel and Jamie dealt with my sale and purchase. Absolutely first class throughout can recommend highly.
Review left by Tim