01937 420500Insolvency Case Study: Action Averted
In our experience, some debtors will try every trick in the book to avoid paying. Sometimes all it takes is the injection of a little reason and common sense to produce results.
Service Provided: Post-Construction – Insolvency support
The Client: The liquidator of an interior fit-out contractor appointed Cooper & Hall.
Our Role: The director claimed the company was owed over £200,000 on one subcontract. Cooper & Hall interviewed the director and former members of staff then carried out a detailed review of the company records. From this information Cooper & Hall prepared a comprehensive final account and claim. The debtor denied any money was due and appointed solicitors.
The Outcome: Cooper & Hall was instrumental in several exchanges of correspondence that persuaded the parties to meet. This resulted in an acceptable commercial settlement which provided a return to the company’s secured creditor.
