Insolvency Investigation Services
A Missed Opportunity?
The insolvency legislation provides creditors of insolvent companies and individuals with significant powers of redress which can be exercised through insolvency procedures. The legislation is designed to enable certain transactions to be overturned, assets to be restored and delinquent directors held personally liable for their misconduct.
Unfortunately, these powers of recovery are seldom used to their full effect because, invariably, the insolvency practitioner responsible for the liquidation or the bankruptcy does not have sufficient funds, resources or experience to take the matter further.
Consequently, a large number of potential recovery claims are not pursued, resulting in substantial losses to creditors – money which could have been recouped by taking that extra step.
FRP Advisory believes in taking that extra step
We take a rather different view of things – we are prepared to take that extra step on behalf of creditors, to recover monies owed to them.
FRP Advisory’s dedicated insolvency investigation department has extensive experience and a proven track record in maximising recoveries for creditors through effective use of the insolvency legislation, either by way of negotiated settlement or if necessary through litigation.
In many cases we are prepared to work without funding and have relationships with a number of solicitors and barristers willing to pursue formal proceedings under a conditional fee agreement.
For further details, call Paul Allen on 020 3005 4000, or complete and submit the online form below.