THE INSOLVENCY PROFESSION

Specialist Enforcement Solutions

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SERVICES TO THE INSOLVENCY PROFESSION

We’re industry led and proactive…

We understand the needs of IP’s; after all we have been working with both large and small practices for many years. As a small director-led firm, we can make on the spot decisions that many larger firms, multi-partner legal practices and litigation funders cannot make. Our Managing Director is a member of R3, as well as having over 15 years experience in recoveries, litigation and enforcement.

We act as agents for Office Holders in a variety of scenarios; including:

  • Outsourcing of investigations
  • Interviewing of bankrupts and company directors
  • Repossession of properties
  • Pre-sue reporting and debtor tracing
  • Cross-border, European & worldwide services
  • Agents for continued trading during insolvency (with specialist experience in retail, waste management and licensed premises businesses)
  • Surveillance and Specialist Enforcement Services

In addition to those services, we are regularly instructed in the collect-out of book debt ledgers, recovery of single debts or claims, or bringing actions in relation to identified antecedent transactions. As a small independent provider, we can look at any size of case or claim – no claim is too small or too large.

  • Litigation & applications: against directors, shareholders or third parties in order to recover illegal dividends, preferences, transactions at undervalue and overdrawn directors’ loan accounts – all of which can be undertaken on a contingency basis, or assigned outright
  • Applications & warrants (including under s.313, s.365 & s.366 Insolvency Act)
  • Collection or outright purchase of outstanding invoices, book debts, ledgers, assets and claims

Many smaller IP practices choose to sell or assign debts or claims to us at an early stage; and we have the flexibility to structure such assignments in the most suitable way. We have an active in-house legal team; as well as direct access to some of the finest specialist insolvency litigators. From a simple £10,000 overdrawn DLA, to a complex multi-faceted misfeasance claim worth over £1,000,000; we have the strength, ability and acumen to act robustly and decisively.

In addition to the wide range of standard services we offer, Global has also invested in and created the UK’s only dedicated enforcement unit for Insolvency Practitioners.

The Specialist Enforcement Unit was created following our involvement in several provisional liquidations, interim receiverships and contentious liquidations. It was identified that insolvency practitioners often need an investigative and enforcement service that completely understands their unique requirements; with flexible or contingent billing arrangements. Traditional enforcement firms can’t and don’t offer this; and so we created it.

We can deploy experienced and sizeable resources to a wide variety of insolvency situations; ranging from Provisional Liquidations and LPA or Interim Receiver appointments, where assets and records need to be seized and secured quickly; to the execution of search & seizure orders obtained under the relevant provisions of The Insolvency Act. For more information on this specialist unit, please see the dedicated SEU page on our website, review the “Case Studies” section of our website, or call us on 0845 094 2572

TEAM EFFORT

Our team are knowledgeable and personable; and we guarantee that we’ll be on top of your matter from day 1 of instruction. With none of the usual costs ambiguity that IP’s are often faced with, we believe that any form of insolvency litigation should be a team effort. To that end, we’ll always adjust our fees where necessary to ensure that the end result is financially agreeable to all concerned; and represents the best outcome for creditors.

Debt Collection and Recovery

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Services to Solicitors and Chambers

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Specialist Enforcement Unit

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Get in Touch

Whether you’re a business needing debt recovery services, an insolvency practitioner looking for an experienced enquiry or enforcement agent, or a solicitor wishing to engage High Court Enforcement officers, process servers or enquiry agents; you’ll find our team to be focused, knowledgeable and commercially-minded.

Call us on 0845 094 2572

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