It would be wrong to consider or to approach personal insolvency with any less skill or enthusiasm than the insolvency of corporate entities; the law is as complex and, in the experience of the team at Edwin Coe, the nature and size of personal estates may be as large as those of significant corporate SMEs.
Rightly lauded by Chambers, and positioned in the first tier of the few commercial London firms to have specialist partner experience in this field, Edwin Coe’s team can address and advise on the difficult questions raised by the existing European Insolvency Regulation, and is well placed to apply the new recast regulation in 2016 as and when the more detailed objective opening criteria come into effect.
Including expertise in individual voluntary arrangements, debtor led petitions or creditor actions, Edwin Coe understands the interactions of the current applicable legislation – the Insolvency Act 1986 – and both the present and the forthcoming insolvency rules, whether that understanding needs to be applied before proceedings are opened or in realising the estate of the insolvent for the benefit of creditors.
‘Simeon Gilchrist is an extraordinarily good lawyer, and extraordinarily hard-working‘ – Chambers Directory 2015
Recognised as one of the few leading individuals in this field Simeon Gilchrist is part of the Edwin Coe team available to both insolvency professionals and to individuals alike, whether debts accrue as a consequence of consumer led decisions or professional practice.
There are particular challenges ahead for some professionals as a consequence of changes in practice rules, insurance requirements and a stiffening of HMRC and banking criteria. The Edwin Coe team is ideally placed, with an understanding of commerce, the needs of a business and the demands of a professional regulator to advise on the tools available to make difficult choices.
Simeon Gilchrist is an extraordinarily good lawyer, and extraordinarily hard-working
Chambers UK 2015
Edwin Coe LLP’s team head Ali Zaidi is particularly accomplished in fraud-related cases.
Legal 500 2014