Contentious Insolvency

The Contentious Insolvency Team comprises specialists from our business restructuring and forensic teams, working as an integrated unit in contentious cases involving litigation, fraud and asset tracing.

Our dedicated team includes Licensed Insolvency Practitioners, forensic accountants and computing experts, former banking professionals and law enforcement officers, financial investigators and regulators, and in-house lawyers.

 

What we do

Our experienced team focuses on cases ranging from small local assignments through to complex cross border insolvencies.  These cases may typically involve obtaining initial freezing injunctions in the case of suspected fraud, asset tracing and investigation, contractual claims, negligence and using powers provided by the insolvency legislation to pursue misfeasance, preference and undervalue transaction claims.

 

We have successfully made recoveries based on a variety of causes of action across a diverse range of businesses around the world, from sources including directors, customers and suppliers, auditors and other professional advisors, associated companies and even foreign governments.

The services provided by our Contentious Insolvency Team include corporate and personal insolvency appointments, Proceeds of Crime Act appointments, and fraud investigations. 

 

Who we can help

We are working closely with the whole range of stakeholders that may be exposed to contentious insolvency situations – banks, ABLs, alternative lenders and funds, landlords and suppliers, shareholders, government departments and regulators.

 

Why BDO?

We appreciate that speed is of the essence in these situations to identify the issues and develop and deliver robust strategies and action to maximise recoveries.  You will benefit from the full range of the Team’s expertise, from preliminary forensic analysis extracting and preserving data, to advice on aggressive litigation should this ultimately prove necessary. 

We take a flexible and transparent approach to our fees.  If funding litigation is an issue, we have considerable experience of working with external funders and can present you with a range of options.

You will also benefit from our international reach.  BDO is represented in 110 countries worldwide, giving us access to local expertise when it is required to trace assets and litigate around the world.

For more information download this flyer for lawyers.

 

Contact us

Our highly experienced team is well placed to assist you and your clients.  To discuss how our Contentious Insolvency Team can help you, please contact your usual advisor, or Malcolm Cohen +44 (0)20 7893 2223 Dermot Power +44(0)161 817 7534