Insolvency
Insolvency is a complex subject demanding commercial and practical judgment. When a business owner becomes insolvent, many stakeholders around them are affected. Answers and resolutions to a plethora of questions and problems need to be delivered quickly such as ownership of materials, retention of title, set off of costs, resolution of inevitable delays caused in production or provision of services and the termination of any contracts.
Service Delivery
Mason Hayes can guide and assist clients through these difficulties to find the most practical available solutions. In addition to its contract specialists, the firm has a number of established relationships with licensed insolvency practitioners and by working in partnership with them, the firm ensures that clients receive clear and pragmatic advice and solutions, tailored to both the circumstances and needs of the individual client.
Experience
Mason Hayes has a wealth of both contentious and non-contentious insolvency experience and is able to provide clients with the below insolvency services:
- asset tracing and asset recovery;
- administrations;
- retention of title;
- receiverships;
- directors disqualification;
- bankruptcy;
- company and individual voluntary arrangements;
- insolvent partnerships;
- recovery of foreign property;
- creditors’ rights on insolvency;
- fraud claims; and
- transactions at an undervalue and preferences.
