Escalate has been employed by an insolvency practitioner who is the liquidator of a company.

The company has no liquid assets, but it has several claims against the former directors who received significant sums from the company prior to liquidation, to the detriment of the creditors.

The lack of funds would typically prevent the liquidator from pursuing any actions to recover assets. However, Escalate has overcome this obstacle has achieved a recovery of more than £150,000 and a real return to creditors in the insolvency.