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Business Insolvency Solicitors for Brierley hill

FS Legal Solicitors LLP

A niche practice specialising in: Financial Services Law, Professional Negligence, Commercial Law, Employment Law, Regulatory/Disciplinary Advice, Insolvency/Enforcement, and Dispute Resolution. They are ranked in Chambers & Partners and Legal 500; plus shortlisted in the Birmingham and Manchester Legal Awards.  
Address 1 Hagley Court South, Waterfront East, Brierley Hill, England DY5 1XE
Web http://www.fsl.legal
Email enquiries@fsl.legal
Phone 01384 889900
ScalesThey work on: Business Debt/Insolvency, Business Dispute Resolution, Business HMRC & Tax Law Help, Business/Commercial Law, Consumer Rights Dispute, Debt / Bankruptcy, Debt Recovery, Disciplinary Defence, Discrimination and Harassment, Employment Dispute, Intellectual Property, Professional Negligence, Unfair/Constructive Dismissal. More Solicitors in Brierley Hill »
FS Legal Solicitors LLP


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Commercial Bankruptcy Information:

[snippet ...] In practice, these duties are seldom found to be broken, and the most typical outcome is that an insolvent company's assets are sold as a going concern to a new buyer, which can often include the former management: but free from creditors' claims and potentially with many job losses. 'Insolvency' describes both the situation an insolvent company is in, and also the various legal procedures for dealing with this situation under the Insolvency Act 1986. They will be required to offer the liquidator with any data that he/ she needs to establish what the business's belongings and liabilities are, and may be required to elucidate why the enterprise failed. If nevertheless, at a meeting of the members of the company on the prospect of a voluntary winding up, it turns into clear that the enterprise will not be able to pay all of its debts inside a 12 month time-frame, the liquidator must talk this to the creditors. Administration. » Read entire article »

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