LEXLAW Solicitors & Barristers
The moratorium on residential evictions comes to an end next week. New guidance is out on how landlords can issue County Court possession proceedings on tenants who have unpaid rent. However commercial tenants are protected from eviction until the end of 2020.
This decision confirms the rule against reflective loss as an important tool to protect the payment waterfall for unsecured creditors in the event of a company’s insolvency.
As a result of COVID-19, many companies are facing financial difficulties and distress. How directors respond will depend on the nature of the business, the current financial status…
The APPG on Fair Business Banking launched their highly anticipated dispute resolution report on 11 July 2018. The report, authored by Kevin Hollinrake MP and undertaken by the Centre…
LEXLAW’s Financial Services Litigation team provides expert legal support for high-value claims and complaints against Metro Bank Plc. The team has experience in prominent High Court cases against Metro Bank and all other major UK banks. Clients can access specialist London-based solicitors and barristers to protect their rights and manage complex bank litigation efficiently.
A report by Sir Andrew Large criticises RBS’s Global Restructuring Group (GRG) for its treatment of SMEs in financial distress. The report highlights GRG’s operation as an internal profit centre with opaque decision-making and poor governance. Customers often face unsettling decisions without clear recourse, lacking funds or expertise to challenge the bank. Large calls for a forensic inquiry into GRG’s practices to address conflicts of interest and improve the treatment of distressed SMEs.
Directors disqualified for 18 years under the Company Directors Disqualification Act 1986 for selling but failing to deliver event tickets while continuing to trade insolvently. Lexlaw offers specialist legal defence for directors facing disqualification and guidance on court applications to act despite disqualification.
LEXLAW’s M Ali Akram was featured on Sky News discussing the Comet Group Limited administration. He highlighted concerns over potential unfair outcomes in the liquidation process. As experts in insolvency law, Lexlaw offers professional guidance and representation for businesses and individuals affected by company administrations and liquidations. Contact Lexlaw for specialist insolvency advice.
Sky News interviewed our Insolvency Team’s senior partner on the Comet Group collapse into administration. The administrators’ proposals revealed that while secured creditors were set to recover only about a third of their debts, unsecured creditors—including HMRC, employees, and customers—would receive less than 1p in the pound.
The early advertisement of winding-up petitions can be a serious abuse of process, potentially causing unjust harm to businesses before legal matters are resolved. We provide expert guidance and representation to protect clients from these premature actions. We focus on securing fair treatment and safeguarding your business’s reputation. Contact us today for professional support.