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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, 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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Brierley Hill Information:




Commercial Bankruptcy Information:

[snippet ...] Insolvent Liquidation: Winding-up procedures; defining the assets available for distribution to creditors; avoidance provisions; treatment of claims and liabilities; the pari passu principle; anti-deprivation; proof and ranking of claims; insolvency set-off; secured versus unsecured creditors. The company will stop doing business and employing people. Both solvent and insolvent companies can be wound up by their own directors.. Watch out when taking recommendation that you're actually chatting with a qualified insolvency practitioner and never a broker or intermediary who could look to charge unnecessary upfront fees. In the case of small companies, it is not unusual that the founding father of the business may look to retire, and with no succession planning made, the logical possibility is to dissolve the corporate.

In order for the members to voluntarily provoke that the corporate be liquidated, they must go a 'special decision' ie a vote by 75% of shareholders current, which will provide evidence that there is majority agreement that the business needs to be 'wound up'. » Read entire article »

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