This work covers corporate insolvency under the Insolvency Act 1986 and the Insolvency Rules 1986, including winding up, administration and restructuring. A solicitor practising in this area advises directors and creditors, prepares petitions and notices, convenes meetings, and drafts administrations or liquidations. They negotiate with office holders, represent clients in court or before creditors’ committees, and gather financial information to support claims, investigations, and a proposed rescue or wind‑up. The process is shaped by court rules, regulatory oversight, and the role of insolvency practitioners.
What a solicitor handles in these matters
The solicitor handles complex filings, the interplay of petitions, administrations or liquidations, and the management of security interests, claims, and investigations. They work with the Official Receiver or licensed insolvency practitioners, review company books, and coordinate communications with creditors and directors to secure a legally compliant outcome.