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Corporate Recovery

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Corporate recovery and insolvency services

At Lance Mason, we can assit you with any corporate recovery or insolvency matters.  This is a complex and technically challenging area of law, so you need to feel confident that your advisers have the right depth of knowledge and experience. 

We offer a broad range of services and advise on areas such as:

  • Directors’ duties
  • Directors’ disqualification proceedings
  • Wrongful trading
  • Redundancy programmes
  • Retention of title claims
  • Debt recovery

We can also assist with corporate turnaround work and the arrangement of CVAs and liaise with insolvency practitioners as appropriate.  We pride ourselves on our ability to provide specialist advice, which is also practical and cost-effective. 

Our services for individuals:

If you or your partner are in financial difficulties, have been declared bankrupt or been served with a statutory demand, our experts can help you.  We can help you negotiate with your creditors, or with the appointed trustee in the case of a bankrupt estate, to advise you on your interests.  Our services include: 

  • Individual Voluntary Arrangements (IVAs)
  • Bankruptcy

Our services for businesses:

Taking early advice if your business is in any sort of financial difficulty is crucial and may mean the difference between successful turnaround and insolvency.  We can advise directors on their responsibilities, offer refinancing solutions and advise on responses to statutory demands or any winding up petitions.  If one of your customers or suppliers is in difficulty, we can advise you on how to protect your position and improve the prospects of recovering any monies due via our debt recovery specialists.

We can also assist in the acquisition of assets from companies that are in liquidation or administration, either to assist the current management team or via a separate ‘pre-pack’ deal.

Our comprehensive range of services for businesses includes:

  • Company voluntary arrangements (CVAs)
  • Creditors’ voluntary liquidations
  • De-mergers
  • Directors’ duties and liability on insolvency
  • Directors’ and shareholders’ disputes leading to insolvency or disqualification
  • Fraudulent trading
  • Partnership insolvency
  • Retention of title claims
  • Winding up petitions
  • Wrongful trading

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