When a business runs into financial difficulties, it can impact a lot of different people. Whether you are a business owner, director or creditor, having the right legal support is crucial to protect your interests. Our corporate insolvency solicitors offer expert guidance for businesses and individuals dealing with any aspect of an insolvency situation.

The Corporate Recovery and Insolvency team at Ashtons Legal are recognised as leaders in the region and are ranked by the Legal 500. The Team at Ashtons Legal are also members of R3, The Association of Business Recovery Professionals.

The team offers a broad range of skills across areas, including insolvency proceedings, corporate restructuring, debt recovery and employment.

We know what a stressful and uncertain time this can be. Whether you are unsure what to do or know exactly what needs to happen, we can step in and use our seasoned expertise to help ensure your best interests are protected.

Our corporate insolvency solicitors in Ipswich can help with:

  • Administrations
  • Liquidations (compulsory and voluntary)
  • Director’s duties and claims against directors
  • Law of Property Act Receiverships
  • Company Voluntary Arrangements (CVAs)
  • Director’s Disqualification proceedings
  • Landlord and tenant issues
  • Corporate recovery and turnaround
  • Debt recovery

We can also offer the support of our wider Commercial team to help with issues such as mergers and acquisitions and employment law.

Consult our corporate insolvency solicitors in Ipswich

If you need seasoned support with any matters related to corporate insolvency, we are here to help. We can advise you in person, via email, over the phone or through videoconferencing for your convenience.

To book a consultation with one of our corporate insolvency solicitors, please contact our Ipswich office, or you can use our online enquiry form to request a call back.

How we can help with corporate insolvency in Ipswich


For businesses that are struggling or are insolvent and being threatened by hostile creditors, administration could be the best solution going forward. Entering into administration can protect your business from the threat posed by creditors, buying you some time and breathing space to put a restructuring plan in place.

Our insolvency lawyers in Ipswich will be happy to advise and assist you with the company administration process, providing all of the necessary skills and expertise to secure the best outcome.

Liquidations (compulsory and voluntary)

Where a business is unprofitable, and a trading solution is going to be unlikely, then liquidation will be the most probable outcome.

There are two types of insolvent liquidation:

  • Creditors voluntary liquidation – decided by the company directors and shareholders
  • Compulsory Liquidation – when the company is wound up by order of the court

If you are the director of a distressed business, we can advise you on the best options to suit your circumstances, then support and guide you through the next steps in the process.

We can help with the winding up of insolvent companies on a voluntary basis, or we can help a creditor seek a winding up order through the courts.

Director’s duties and claims against directors

Directors of a business in severe financial difficulty are obliged to act in the interest of creditors rather than shareholders. Failure to comply with this director’s duties can result in directors being held personally liable for the business’s debts.

We can help directors successfully defend claims being brought against them for:

  • Wrongful or fraudulent trading under the Insolvency Act
  • Breach of duties under The Companies Act
  • Director disqualification proceedings
  • Personal guarantee claims
  • Claims for repayment of overdrawn director’s loan accounts

Whatever the nature of the claim, we can provide clear, straightforward advice and strong representation to protect your personal and professional interests.

Law of Property Act Receiverships

We can assist Law of Property Act receivers by validating their appointment, checking paperwork, investigating the validity of any charge on a property and confirming the powers available to the receiver.

Company Voluntary Arrangements (CVAs)

When a company is in financial difficulty, a company voluntary arrangement or CVA can help with rescue and recovery. Entering into a CVA will allow a company to agree on terms with creditors over some or all of its debts. This could be the best way of securing a positive and debt-free future for your business.

Our corporate insolvency solicitors in Ipswich can advise businesses experiencing difficulty in negotiating their debt repayments with creditors. We can help you reach agreeable terms with creditors so you can settle debts by repaying them over a set period of time through an affordable and fixed payment schedule.

Director’s Disqualification proceedings

Our expert insolvency team can advise, represent and defend directors who have been accused of wrongdoing and risk being disqualified as a director or barred from future involvement in managing a company.

We have an excellent track record in successfully defending directors facing disqualification proceedings, helping them to shorten the disqualification or obtain leave from court so they can continue as a director.

Landlord and tenant issues

When a tenant becomes insolvent, this is likely to cause significant issues for their landlord, including around any unpaid rent and other costs which may be hard to recover. If a landlord becomes insolvent, tenants will understandably be concerned about what this means for them. Our corporate insolvency solicitors in Ipswich can provide clear advice on landlord and tenant rights in insolvency and help to take any necessary action.

Corporate recovery and turnaround

A distressed business can often be saved with an intelligent recovery plan. We have a strong track record of helping to turn businesses around through options, including restructuring and demergers.

Debt recovery

Businesses can face failure when debtors default on what they owe or become insolvent.

Our insolvency solicitors in Ipswich can offer advice and assistance to creditors who are facing financial difficulty because one of their customers has entered liquidation, administration or bankruptcy. This includes seeking to recover debts before the insolvency process begins and securing your status as a preferred creditor where appropriate.

Why choose our corporate insolvency solicitors in Ipswich?

Our Corporate Insolvency team offers:

  • Clear, step-by-step support through insolvency matters
  • A tailored approach to secure the best outcome for your business interests
  • A convenient, modern service
  • Fast response times – we will always get back to you quickly

Our corporate insolvency and business recovery expertise has been independently recognised in various ways, including:

  • Ranked by the Legal 500 for Insolvency & Corporate Recovery, Corporate & Commercial, Commercial Litigation and Employment
  • Ranked by Chambers & Partners for Corporate/M&A, Employment and Litigation
  • The Team at Ashtons Legal are members of R3, the Association of Business Recovery Professionals
  • The Legal 500: ‘Ashtons Legal has ‘a real focus on providing an excellent service both in respect of legal advice and client care’. Practice head Fiona Stuart in Norwich has ‘a strong work ethic and is able to combine excellent knowledge in the field of insolvency with a commercial and pragmatic approach to contentious matters’.

Our corporate insolvency fees

We offer payment options tailored to your circumstances, including:

  • Fixed fees – for straightforward matters, such as pre-action debt recovery
  • Bespoke fees – for more complex cases requiring ongoing support

We are conscious that cost is likely to be a key consideration when dealing with an insolvency situation. With this in mind, we can provide transparent quotes at the outset and will always be upfront about how the likely costs involved in a particular action stack up against the potential benefits.

Consult our corporate insolvency solicitors in Ipswich

If you need seasoned support with any matters related to corporate insolvency, we are here to help. We can advise you in person, via email, over the phone or through videoconferencing for your convenience.

To book a consultation with one of our corporate insolvency solicitors, please contact our Ipswich office, or you can use our online enquiry form to request a call back.


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