Entering into Administration
Our dedicated insolvency solicitors can assist with companies needing advice on insolvency or facing administration. Administration applies to an insolvent company and allows the company to reorganise itself or realise its assets through the protection of a statutory moratorium which prevents the company’s creditors from taking any enforcement action.
A company can enter into administration by way of a court order via an application to the court by the company, its directors, creditors or special officials. In certain circumstances, the company, a holder of a qualifying floating charge or the directors can enter into administration using the out of court route. We can help advise the best route to ensure the best possible return for those owed money.
The aim of administration must be to achieve one of the following:-
- Rescuing the company as a going concern;
- Achieving a better result for the company’s creditors then would otherwise be achieved via a liquidation;
- Realisation of the company’s property to make a distribution to one or more secured or preferential creditors.
Speak to our insolvency solicitors today
At Lincoln & Rowe, our company legal team act with dexterity and proficiency to advise on possible risks and consequences within a range of commercial disputes, including those which may result in a company director being personally liable for the liabilities or actions of a company.
Lincoln & Rowe specialist director liability solicitors can assist directors that are concerned about facing a legal claim against you, or if you would like clear, concise legal advice regarding suing a director personally. Lincoln & Rowe are specialists in providing advice to company directors and regarding taking legal action towards one. If you would like to discuss your concern, talk to our experienced team today.
Make an online enquiry, send an email to enquiries@lincolnandrowe.com or call us on +44 (0)20 3968 6030.
Who we can help
Our commercial litigation lawyers at Lincoln & Rowe possess significant depth and breadth of dispute resolution expertise gained from years of experience advising on high-value and complex litigation. We act for individuals, owner managed enterprises, national and international businesses based in the UK and abroad in a range of jurisdictions. We advise both claimants and defendants.
Where you can find us
Lincoln & Rowe Solicitors are based in the heart of London and just a few minutes’ walk from the Royal Courts of Justice. Our full address is 81 Chancery Lane, London WC2A 1DD
