Top 10 of 960 law firms for Directors and Insolvency – Where Do You Stand?, Company Law

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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.

What a solicitor handles in these matters

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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Rebecca Geldard

Tagged solicitor Rebecca Geldard

All of the members of the Walker Foster team that I have dealt with were completely professional and supportive of my requirements. I was provided with sound advice and cannot recommend them highly enough.

Review left by Michael Thomas

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Ash Simpson

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We delt with Ash S. for our remortgage. Communication was very good (yep and how often can you say that about solicitors!!) He kept us updated throughout the process and ensured we completed on time. What more do you want, would recommend and will use again.

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