Saracens provide a comprehensive insolvency & corporate restructuring service as well as advice on bankruptcy. We act for insolvency practitioners, individuals facing personal insolvency or directors of insolvent companies.

Most importantly we acknowledge that every situation has its own unique problems and so we advise, plan and act according to your specific needs. We also act for creditors and ensure that we maximise their level of recovery both before and after a debtor becomes insolvent.

It is important to us to be sensitive to the needs of our clients who find themselves in financial difficulty. Taking professional advice may be the only way that directors or individuals can effectively manage their personal liabilities and assets and retain some level of control over the insolvency process. We can help, either with expert legal advice or by referral to an appropriate insolvency practitioner accountant for further specialised help.

Saracens expertise includes advising on areas of:-

Administrations

Administrative receiverships

All reconstruction processes

Bank recoveries

Bankruptcy

Company voluntary arrangements

Confiscation and restraint proceedings

Director's disqualification proceedings

Individual voluntary arrangements

Liquidations and

LPA receiverships

We work closely with every level of insolvency practitioner, whether they have taken office as administrators of a multinational group of companies or a trustee in bankruptcy appointed on the official receiver's rota. In addition, we regularly undertake licensing and disciplinary work for insolvency practitioners. Most of our work derives from recommendations and referrals from existing clients and professional intermediaries.

The insolvency team works alongside the litigation department, which has strengths in other specialist areas such as banking law, property, insurance litigation and director disqualification cases. We therefore have a breadth of commercial litigation experience, which adds value to the service and advice we offer.

Whether we act on a conditional fee basis, a fixed fee or time cost basis, we promise you value for money.