Insolvency

Overview

ITC works with trustees, administrators, liquidators, receivers and other key stakeholders on complex insolvencies to understand what the insolvency practitioner or creditor want to achieve on any given job. We work for companies or individuals who are insolvent, near insolvent or bankrupt.

Key Areas of Practice

Our lawyers understand the commercial framework in which insolvency law operates and the major business and financial decisions required when facing insolvency.

Our services include:

• acting for clients who wish to commence bankruptcy proceedings against an individual or winding up proceedings against a company
• advising insolvent clients on their various options including personal insolvency agreements, bankruptcy, company administration, deeds of company arrangement and liquidation
• advising Trustees in Bankruptcy and Liquidators on insolvency related matters including proceedings to recover property, arrangements with creditors and securing assets

Industry Focus

We are witnessing a highly complex and fast-moving economic environment with even the most successful individuals and businesses facing new and unexpected challenges associated with insolvency or restructuring.

We work closely with other consultants dedicated to meeting your goals, including:

• providing prompt and reliable advice on all aspects of restructuring, receivership, administration, liquidation and bankruptcy
• working with you to make sure that assets are sold at fair value, arrangements are put to creditors and restructuring options are carried out promptly
• assisting administrators and liquidators to discharge their obligations and maximise the prospects for an optimal outcome

we have a network of financial advisors and accountants dedicated to meeting your needs