-
Commercial Clients
- Banking and Finance
- Commercial Law
- Business Law
- Charities
- Commercial Property
- Breach of covenants and lease termination
- Commercial Lease Solicitor London
- Landlord’s consent to make alterations to premises
- Planning law and section 106 agreements
- Renewing a business tenancy
- Sale and Purchase of Freehold Commercial Property
- What Should a Landlord’s Solicitor Do?
- What should a Tenant’s Solicitor Do?
- Company law
- Corporate Recovery and Insolvency
- Healthcare Sector
- Intellectual Property
- Commercial Litigation
- Corporate Crime and Risk
- Employment
- High Value and Luxury Assets
- Buying and Selling a Private Jet
- Buying and Selling a Racehorse
- Buying and Selling Classic and Luxury Cars
- Buying and Selling Fine Art
- Buying and Selling: Antiques
- Buying and Selling: Couture Clothing
- Buying and Selling: Jewellery
- Buying and Selling: Yachts and Super Yachts
- Contact Us
- Purchasing and Selling a Helicopter
- Thank You
Administration
Administration can rescue or reorganise your company or business. Legislation stipulates that an administrator must rescue the company as a going concern. However, if a rescue is not feasible, the administrator will seek alternatives, either to achieve a better result for the company’s creditors or realise assets for the benefit of secured or preferential creditors.
The best feature of administration for many of our clients is that it offers protection from their creditors. Saracens can act on your behalf to apply for court orders that will grant your company or business more time to resolve your financial difficulties. Many businesses have found administration orders crucial to defend themselves against aggressive creditors and assist them in their return to the market.
The Saracens commercial team can assist companies going into administration and offer commercial solutions, for example, sale back to the existing owners or directors. We can work alongside insolvency practitioners, creditors, landlords, and other stakeholders to find the most effective action to be taken to protect the company’s positions.
Request a call back to discuss your situation.