Insolvency Case Studies
Over the years HBG and its partners and consultants have been involved in thousands of insolvency cases throughout the whole UK and abroad. From personal insolvency to multi-national corporations we have the experience to provide a professional service to every size of business and personal insolvency issue.
Some examples of case we have worked on include:
Administration – Real Estate
Our insolvency practitioners have led the administration of a national group of companies that owned and invested in student accommodation across the UK. Trading the businesses effectively, successfully achieving going concern sales that resulted in the preservation of many jobs and significantly better returns to stakeholders than was thought achievable at the outset of administration.
Administration – Leisure and Tourism
Our insolvency practitioners have successfully traded the administration of a five-star boutique hotel in London that at the time boasted London’s only commercial Helipad. Due to the nature of the hotel’s clientele this assignment became high profile with both the national press and many well-known celebrities. A successful restructure and going concern sale of the business was achieved saving over 100 jobs and returning a significant dividend to the hotel’s creditors.
Creditors’ Voluntary Liquidation – Leisure and Tourism
Our insolvency practitioners took responsibility for the liquidation of a national chain of c.800 hotels and pubs that were, due to external factors, significantly under-performing. Whilst a going concern sale of the group as a whole was never achievable, following a successful restructuring, individual pubs and hotels were able to be sold preserving hundreds of jobs across the country.
Members’ Voluntary Liquidation (MVL)
Our insolvency practitioners are extensively experienced in MVL appointments. Closing down successful solvent businesses to redistribute capital to the shareholders
Here are some insolvency case studies in more detail:
- Computer Software Consultancy CVL In 2014 the bank put on too demanding terms to secure the overdraft and the company had little option to enter into a CVL