Insolvency

Insolvency of companies and individuals with financial difficulties causes stress for those in insolvency as well as their creditors and employees. There are laws that regulate the dealings between the insolvent entity and those involved with it. Often clients requiring advice on insolvency matters are faced with extensive technical and complex claims. Moores Legal will simplify the situation and advise insolvency practitioners, unsecured creditors, secured creditors, employees and others with competing interests on a broad range of matters including:

• Applications to the court for the appointment of a liquidator or trustee in bankruptcy by a creditor
• Urgent applications to court to secure assets at risk of being dissipated
• Advice on the types and effect of an insolvency appointment
• Advice on enforcing rights of a secured creditor
• Procedure, powers and obligations in sale of assets by the insolvency practitioner
• Advice on priority of payments (e.g. The competing interests of employees, registered and unregistered securities or rights of different insolvency practitioners for their fees)
• Drafting Deeds of Company Arrangement
• White collar crime and breaches of director's duties
• Recovery of insolvent or voidable transactions made to defeat creditor's claims and
• Advice on retention of title claims.