Insolvency advisory coordination

Approach and deliverables

We identify the entity, debts, defaults, security and proceedings already underway. A cash-flow problem, disputed debt and formal insolvency application are distinct situations with different decisions.

Support can include a creditor and security register, financial information pack and chronology for counsel or the insolvency professional. The scope makes clear who controls records and who is authorised to act at the relevant stage.

Organise the matter by entity, creditor and relevant event. Keep the claimed amount, admitted or disputed position, security and payments distinguishable. The chronology should connect each event to its source document so counsel or the appointed professional can assess the actual stage and options.

Records to prepare

• Debt and security documents
• Default and payment chronology
• Creditor communications and court or tribunal papers
• Financial statements and cash-flow records

Provide complete notices, orders and filings with their attachments and service information. Identify changes in control of records and any restrictions on who can act. Keep management explanations separate from the underlying evidence and preserve original documents.

A practical example

A creditor demand disputed on its merits should be analysed with the contract and correspondence; the amount alone does not explain the available insolvency response.

For the disputed demand example, reconcile the amount claimed to invoices, payments, credit notes and the specific objections raised. Record when each communication occurred and what evidence supports the position. A single net ledger figure does not replace that chronology.

Scope and responsibilities

Formal proceedings, representation and statutory professional roles require appropriately qualified appointees. We do not guarantee admission, a moratorium, debt reduction or preservation of management control.

The proposal specifies the entities, periods, filings and coordination included. Client approval of factual statements and continuing operational responsibilities is recorded before implementation.

The handover identifies the financial pack, source index, questions for advisers and immediate actions assigned under the mandate. Communications, filings or representation are undertaken only within the expressly agreed authority. Updated facts and new orders should be added to the record rather than relying on an outdated advice brief.