Insolvency claims can and do arise upon the insolvency of a company. Typically, these claims are brought by either a Liquidator or an Administrator, on behalf of the insolvent company.
The former directors of an insolvent company and any party who may be targeted by a Liquidator or Administrator will need advice and representation from an experienced contentious insolvency solicitor.
It is clear that Misfeasance Claims (linked to the page below) are increasing in number with Liquidators able to find their own solicitors willing to act on a no win no fee basis on many occasions.
The types of claim that a Liquidator or Administrator may bring are the following –
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