Latest News & Updates

Jun 16, 2022

Bringing in a Litigation Funder can get quick results

On 27 April 2022 Cavendish IP Solutions acquired a claim against Directors from one of its IP partners.

Feb 24, 2022

Differences in Scottish Law, combined with our tenacity, help to settle case

In 2021 we took an assignment of claims against the Director of a company based in Scotland. This was in relation to an overdrawn director’s loan account and illegal dividends. Scottish lawyers were instructed on our behalf.

Jan 19, 2022

Flexibility and Forensic Accounting win the Case

Cavendish IP Solutions recently concluded a claim against a Director of a company in liquidation, where the IP had ascertained that he had withdrawn c£100,000 from the company in the two years preceding the liquidation.

Sep 6, 2021

What makes Cavendish IP Solutions different

As providers of insolvency litigation funding, we talk to Insolvency Practitioners daily.

There are two things that really stand out when we describe our services:

Nov 19, 2020

Developer jailed after diverting customer payments

This release from The Insolvency Service caught our attention: 'Banned developer jailed for 27 months after diverting £91,000 of customer payments to his personal account.'

Nov 1, 2020

Breach of directors’ duties and wrongful payments

The recent case of Wow Internet Limited (acting by its Liquidator, Mr Stephen Hunt) against Mr Qasim Majid [2020] EWHC 2890 (Ch) is of interest to insolvency practitioners since it reaffirms the importance of directors ensuring proper record keeping, and that when investigating the conduct of a director(s):

Dec 7, 2019

OFFSHORE ASSETS TRACED LEADING TO SETTLEMENT

The Directors of a UK company moved abroad after withdrawing c£500,000 from the company to repay the Directors' loan account leaving the other creditors unpaid.

Dec 1, 2019

COVID 19 GOVERNMENT BACKED LOANS AND INSOLVENCY CLAIMS

To date more than 1 million SME's have now received government backed loans in response to the Covid-19 pandemic, totalling over £50bn

Sep 1, 2018

WE DON'T GIVE UP!

In June 2016 Cavendish took assignment of a trade debt of c£35,000. The insolvency practitioners and their lawyers had been chasing the debt since July 2014.

Mar 1, 2018

FUNDING AND ADVERSE COST INDEMNITIES

In March 2019 Cavendish enterred into funding agreement with a firm of Insolvency Practitioners and also provided an adverse cost indemnity.

Jan 1, 2018

£300,000 Funding Facility Agreed

CIPS has successfully negotiated a £300,000 facility with a number of high net worth individuals

Dec 1, 2017

BANKRUPTCY PETITION OBTAINED AGAINST INSOLVENT ESTATE

On the 18 December 2017 Cavendish IP Solutions Ltd were successful in its application against an insolvent estate. After nearly 2 years of pursuing the debtor including a successful court case in March 2017, Cavendish are now in a position to appoint Trustees and recover the assets of the insolvent estate. This should result in the payment of the judgment debt in full together with all the costs.

Dec 1, 2017

Successful Capital Raise

On the 1 March 2018 Cavendish IP Solutions successfully raised a further £50,000.00 of share capital to assist in the funding of its litigation cases.

Nov 1, 2017

Deferred Payment Case

Cavendish IP Solutions are pleased to announce the acquisition of three debts owed by directors to a number of Companies.

Nov 1, 2017

Gambling the Future

With the festive season fast approaching we turn our minds to entertainments...

Nov 1, 2017

Illegal Labour Illegal Profit?

"The Government is cracking down on those who employ illegal labour and a raid by the immigration authority can spell the end for a business...

Oct 1, 2017

Director Joel Goschalk Named in TRI 250

The TRI 250 is an index of influence and best practice that recognises those responsible for the progression of the turnaround, restructuring and insolvency standards, and inspiring excellence across the industry.

Sep 1, 2017

Overdrawn Directors Loan Account

In a case recently settled by Cavendish IP Solutions, a director had been disputing payment of her overdrawn loan account.

Sep 1, 2017

Transactions at Undervalue and Misfeasance

Cavendish IP Solutions is pleased that it was able to settle a number of claims against a director for Misfeasance and Transactions at Undervalue.

Aug 1, 2017

Joel Goschalk Appointed to the Council of the Insolvency Practitioners Association

The IPA is a membership organisation for those in insolvency practice or involved in insolvency-related work.

Aug 1, 2017

Monitoring visit

There is no other predictable event in an insolvency practice that inspires so much trepidation as a visit from your monitoring body.

Mar 1, 2017

County Court Win

Cavendish IP Solutions is pleased to announce that it has won in the County Court in relation to an overdrawn loan account.

Feb 1, 2017

Dealing with Assigned Preferences

Cavendish IP Solutions has taken on its first case under the Small Business Enterprise and employment Act 2015.

Jan 1, 2017

File reviews for IP’s Free Service

Cavendish IP Solutions is offering a free file review service to Insolvency Practitioners.

Jan 1, 2017

Cavendish IP Solutions has moved

We've Moved!

May 1, 2016

A Man a Plan a Database Panama

The International Consortium of Investigative Journalists has released its database of information obtained from a Panamanian law firm.

Apr 1, 2016

Secrets not so Secret

The leak of over 2.6 terabytes of data from a Panamanian law firm and trust company has shed light on millions of pounds of undeclared assets.

Apr 1, 2016

New Laws a new Approach

There have been a number of fundamental changes to the way that IP’s must approach formal insolvencies and litigation in the past year:

Mar 1, 2016

The Insolvency Exemption to the Litigation Funding Rules Ends Next Week

The first of April will see the end of the exemption which enabled the recoverability of CFA success fees and After the Event (ATE) insurance premiums from the unsuccessful party to...

Jan 1, 2016

The Purchase of Periodic Payments means Cases can now be Closed Faster

Cavendish IP Solutions has launched a new product that can help you close your cases faster.