When a company collapses, many investors assume it’s the end of the story. Administrators step in, directors disappear, and creditors wait for a fraction of their money, if anything at all.
But the real opportunity for recovery often lies outside the company itself.
In this episode, we explore third-party actions, the often-overlooked claims against people and organisations who played a role in the collapse: directors, trustees, accountants.
We break down what these actions are, why administrators rarely pursue them, and how creditors can step forward to reclaim control and accountability.
In This Episode You’ll Learn:
Key Takeaways:
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Disclaimer: Insolvency & Law Ltd is not a firm of solicitors or licensed insolvency practitioners and does not provide legal advice, investment advice, or any regulated services under the Legal Services Act 2007 or the Financial Services and Markets Act 2000. All content published by I&L relating to companies mentioned therein, including blogs and podcasts, is provided free of charge for general information and educational purposes only. Therefore, it must not be relied upon as professional advice.
Where appropriate, I&L may take legal assignment of loan notes issued by companies in its own name, for the purpose of enforcement and recovery. In such cases, I&L bears all associated costs and risks, and the original loan note holder is fully insulated from legal expense and liability.
