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Business Debt Advice

Sometimes businesses are unable to pay all of their debts when they fall due, and they need a little breathing space from creditors. They are fundamentally viable businesses but cannot cope with the burden of debt or the timescale for payment.

Our experienced team of insolvency experts have successfully helped many struggling businesses to decide the best option available to them and if appropriate to enter into a company voluntary arrangement.

This procedure allows a limited company to negotiate an arrangement with its creditors by which the creditors agree to the repayment of the debt or a reduced amount of the debt over a period of between one and five years. Three quarters in value of the creditors voting must vote in favour of the arrangement if it is to be accepted.

When the proposal takes effect it binds all creditors who had notice and were entitled to vote at the creditors’ meeting.

It enables the possible survival of the company as a going concern, jobs to be saved, creditors to receive payment and the management of the business to be left in control of the directors or owners.

To find out more about our first class legal services call us on 0151 2368871, email or use our enquiry form.

Licensing for businesses

Our fixed fee costs for applications for a new premises licence and to vary an existing licence are set out below.

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LLP Formation Services

When you are considering forming a Limited Liability Partnership (LLP) there are many things that you need to consider.

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Directors Disqualification Solicitors

Wrongdoing on the part of directors can also lead them to being disqualified by the court from being a director of, or involved in the management of, a limited company for a period between two and fifteen years.

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Partnership Dispute Solicitors

However carefully and comprehensively a Partnership agreement has been drawn up, disputes between Partners sometimes arise.

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Mergers and Acquisitions Solicitors

Whether you are looking to buy a small established business or are looking to branch out into new territories/areas through merger or acquisition, we have the knowledge and practical experience to advise you.

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Intellectual Property Solicitors

Intellectual Property is a very valuable resource in business, make sure you look after yours.

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Commercial Mediation

Mediation is an effective way to resolve disputes and can be used in commercial cases to help bring about a settlement and avoid potentially costly court cases.

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E-Commerce Legal Advice

Billions of pounds are spent every year online - make sure you are trading securely and legally.

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Cross Option Agreement Solicitors

Cross or double option agreements are available to partnerships as well as companies.

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Corporate Restructuring Solicitors

A business may be struggling financially but may not require a formal insolvency procedure to help it survive.

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