Sometimes a bank withdraws its lending support and appoints a receiver to assess the worth of the company and restructure, possibly selling all or part of the company in order to recoup its investment. The receiver’s aim is to recover the value of the lenders security, and for this purpose the receiver has the power to carry on the company’s trade and realiseits assets. The receiver acts invariably as the agent of the company unless or until it goes into liquidation.

Our experienced team of insolvency experts have successfully acted for those who appoint receivers or the directors of failed businesses in seeking the best outcome for creditors. Although control of the business is lost to the receivers often the directors assist the Receivers to find a buyer for the business and to recover monies due to the business.

Sometimes directors have given personal guarantees to the bank to support the business lending and we are adept at advising them on the enforceability of such guarantees, on acting for them should they wish to purchase the business assets from the Receivers and how to protect their own position.

To find out more or to speak to someone, call 0151 236 8871, email or use our contact form.

Was this article helpful?

Call: 0151 236 8871 Email: Call: 0151 236 8871

Formations of LLPs

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

More info Link

Director Disqualification

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.

More info Link

Disputes Over LLPs

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

More info Link

Mergers and Acquisitions

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.

More info Link

Intellectual Property

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

More info Link

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.

More info Link


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

More info Link

Cross Option Agreements

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

More info Link

Corporate Restructuring

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

More info Link

Commercial Contracts

In business, it is essential to ensure that your contracts are clear and watertight.

More info Link