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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Matthew Clark

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We used BTMK to remortgage one of the properties we own in our business. Being a solicitor myself, I know what I expect in terms of service from a law firm and BTMK met and surpassed those expectations. Their pricing is incredibly competitive and their communication was prompt and friendly. We were dealing with tight deadlines and a few hurdles which didn’t phase the team, with them offering proactive solutions. A big thank you to Hazel, Matthew, Irfan and Tobias. Would definitely use again and recommend BTMK.

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Richard Clapham

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I selected Downs Law to manage the sale of my company. It was clear from the initial consultation that Downs law has a very competent team of experts. Richard and his colleagues were excellent every step of the way - providing clear advice, being readily available when questions arose, and being extremely diligent in their duties. Couldn't ask for more.

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