Main Contractor Insolvency
Several projects involved. Successful claim against credit insurer
I have experience of the implications of insolvency and ring-fencing the risk issues to not contaminate the remainder of the business. With over 30+ years of experience of dealing with the stringent requirements of Credit Insurers, I can provide your business with insolvency advice, support, preparation and assistance in insolvency.
[] Advice & support for main contractors, employers and subcontractors.
[] Review of project risks due to client insolvency
[] Preparation of claims to Administrator, Liquidator or Credit Insurer
[] Assistance with negotiation based upon the experience of previous dealings
[] Review of options when Sub Contractors become insolvent, including rights to payment, ability to offset costs, valuation of works left to complete, costs of completing works.
Several projects involved. Successful claim against credit insurer
Over £1.0m outstanding that was recovered through a combination of credit insurance and parent company guarantees.
Several projects in various states of completion with amounts owing to M&E Contractor over £3.0m. Assembly of claims and attendance at meetings on behalf of M&E Contractor.
Works incomplete. Assisted M&E Contractor in securing replacement Sub Contractor and finalising account with insolvent Sub Contractor including responding to demands from Administrator.
Once I've sorted out a date and time, I'll take the time to meet you, sit down with you and find out your requirements.
After understanding you, your business and requirements. I will submit a proposal, detailing out the service and how it will help you and your business.
I'll then carry out the service, having regular contact with you and keeping you informed on the progress. My service is 100% tailored to you and will meet your individual needs.
Drop me a message and I'll get back to you as soon as possible.