A Members Voluntary Liquidation usually takes place as part of a solvent corporate restructure or where the owners of the company wish to dispose of the assets and business of the company in a tax efficient manner.
The aim of a voluntary arrangement is often to enable a business to seek to continue to trade whilst paying its creditors in an orderly fashion.
The two main statutory objectives of administration are to:
- Rescue the company as a going concern
- Achieve a better result for creditors than would be achieved in a liquidation
Orchard Street Business Centre
13-14 Orchard Street
Bristol BS1 5EH
Tel: 0117 369 2199
15th Floor Brunel House
2 Fitzalan Road
Cardiff CF24 0EB
Tel: 029 2199 3696
The Ilfracombe Centre
44 High Street
Ilfracombe EX34 9QB
Tel: 01271 902 199
Jon qualified as a solicitor in 1997 with Clarks Legal in Reading specialising in insolvency but also managing a litigation and banking portfolio of cases.
Hywel hails from Pontypridd and is a founder member of the business. In 2004 Hywel left the banking sector to train with a national firm of Insolvency Practitioners.
Neil is a licensed insolvency practitioner and a solicitor with over 25 years experience in providing restructuring and insolvency solutions for businesses and individuals.
Rob is a licensed insolvency practitioner with nearly 30 years experience in both personal and corporate restructuring and insolvency.