Edwin Coe has extensive experience of acting for and against liquidators exercising their extensive powers under the Insolvency Act. This includes the conduct of examinations of directors and allegations of misfeasance, wrongful trading, and transactions at an undervalue. We regularly advise on the recovery of unlawful dividends, directors’ loan accounts and the recovery of company assets from third parties.
With our extensive experience of acting for insolvency practitioners, we see the arguments on both sides and are able to advise client strategy and tactics by anticipating a liquidator’s next move, as well as advising on the cost implications at each stage of any proceedings.
We also have experience of advising on the use of prohibited names under s.216 of the Insolvency Act and alleged insolvency offences such as concealment of property and failure to deliver books and records.