Insolvency

Dumonts Solicitors are specialists in insolvency law and practice.

An insolvency event has an impactful and potentially long-lasting effect upon individuals and businesses. When an insolvency issue arises we recognise the need for swift action.

In all cases there are options to explore including wherever possible viable alternatives to insolvency.

At Dumonts we offer clarity in this technical area of law.

We are regularly instructed by business owners, companies, directors, creditors, debtors and insolvency practitioners.

Dumonts offer advice and assistance on the following matters:

For Individuals

  • Statutory demands and bankruptcy petitions
  • Individual voluntary arrangements
  • Antecedent transactions, including preferences and transactions at an undervalue
  • Disputes with insolvency officeholders including applications to challenge a trustee’s remuneration
  • Applications to suspend automatic discharge from bankruptcy
  • Bankruptcy annulment applications
  • Matrimonial home proceedings
  • Bankruptcy restriction orders and undertakings
  • Directors’ disqualification proceedings and applications for leave to act
  • Interviews with the Official Receiver and public and private examinations

For businesses, directors and business owners

  • Bringing and defending winding up petitions
  • Injunctions restraining winding up petitions (presentation and advertisement)
  • Advising businesses as to insolvency and recovery options
  • Pre-pack administration and business and asset sale agreements
  • Voluntary arrangements
  • Compulsory and voluntary liquidation
  • Provisional liquidation
  • Asset tracing
  • Administrations including the appointment of administrators and extending their terms of office
  • Prohibited name applications
  • Applications for validation orders
  • Cross border insolvency
  • Provision of technical and compliance support to Insolvency Practitioners
  • Wrongful and fraudulent trading claims
  • Directors’ disqualification proceedings and applications for leave to act
  • Misfeasance claims
  • Preference, transactions at a undervalue and transactions defrauding creditors
  • Breaches of the Companies Act 2006
  • Claims concerning unlawful dividends and director’s loan accounts

For further information or to arrange a discussion please contact our insolvency team on 020 3585 1257 or email insolvency@dumonts-solicitors.com.