Thursfields’ insolvency and debt recovery team has a proven track record of providing practical and proactive advice to insolvency practitioners appointed as trustees in bankruptcy or supervisors under a voluntary scheme of arrangement on a wide range of personal insolvency issues.
In addition we regularly act for individuals defending antecedent transaction claims and can demonstrate a particular expertise in advising non bankrupt spouses on the purchase of the bankrupt’s former interest in the matrimonial home in order to avoid possession and sale proceedings.
Our lawyers’ recent experience includes:
- Advising a local firm of Insolvency Practitioners in connection with the recovery of assets from the family of a bankrupt who was under investigation by the police for serious fraud.
- Advising on COMI and the implications of debtor forums for foreign nationals wanting to take advantage of the UK’s bankruptcy regime.
- Advising Insolvency Practitioners in connection with a pensions dispute following the decision in Horton v Henry  EWHC4209.
- Advising a large global accountancy firm in the administration of the insolvent estate of a deceased well known local business man, whose combined asset value exceeded £5 million.
- Advising Birmingham based Insolvency Practitioners in connection with a claim against a well known high street bank for breach of trust and disposal of bankruptcy assets.
- Advising an Insolvency Practitioner on the sale of a large property portfolio with a value to the bankruptcy estate in excess of £250,000.
All very practical and useful advice.”
Harriet Barnes, Smart Insolvency