Recovery & Insolvency

The stevensdrake Corporate Recovery and Insolvency department is run by specialist insolvency lawyer and partner at stevensdrake, Gavin Pickering.

Chambers directory reports that clients endorse Gavin’s collaborative approach, saying: “He treats litigation as a joint exercise and fully involves you in every aspect to ensure the best results.” Comprising dedicated insolvency lawyers that are “enjoyable to work with and great value for money,” this team advises national and international clients on insolvency, recovery and restructuring, has a wealth of experience in acting for creditors and also has specialist experience of acting for IPs in litigation and investigation.

stevensdrake has experience in acting for creditors and companies who need restructuring. The team has been involved in some large actions for recovery brought about by the credit crunch and difficult liquidity issues facing businesses in the economic downturn. Importantly, stevensdrake recognise that companies are run by people who may need help and practical advice on issues facing them personally if their business gets into difficulties, for example, where a director has given a personal guarantee or a charge over his home. We have experience in advising creditors, guarantors, directors and other indemnifiers on the enforcement and defence of guarantees and indemnities.

We have experience  with Directors Disqualification Proceedings and are able to defend directors in such proceedings and/or to negotiate the best possible settlement where disqualification is inevitable. stevensdrake can advise on all insolvency and corporate recovery issues, of which funding and restructuring are often integral parts. The team also has extensive experience acting for insolvency practitioners in litigation and investigation, as well as the recovery and disposal of assets. We have acted in a number of claims against professionals for recovery of large sums.

Our aim  is to maximise recovery, whilst ensuring cost is proportionate. Our team of specialists regularly advises creditors on taking and enforcing security as well as advising on methods to protect their position before and after a debtor becomes insolvent. We can also offer advice on the restructuring of company and group business, sale and purchase of assets to or from companies in distress.

The Corporate Recovery and Insolvency department is listed among the Legal 500 Recommended Law Firms.

Services offered include:
  • Administration
  • Provisional liquidation
  • Liquidation and bankruptcy
  • Preference and transaction at undervalue claims
  • Wrongful/fraudulent trading claims
  • Misfeasance claims
  • Retention of title
  • Corporate restructuring and finance
  • Asset Sales
  • Directors’ duties and liabilities

 

Read some recent articles from the Recovery & Insolvency team → 

 

 

 

The Recovery of Goods Centre is an industry leading service designed specifically for those in the finance and leasing sector. For more information please visit the Recovery of Goods Centre web site.