Latest News & Updates

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

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.

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recently concluded a claim against a Director of a company in liquidation, where the IP had ascertained that he had withdrawn c£100,000 from the company in the two years preceding the liquidation.

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:

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.'

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):

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.

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

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.

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

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

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.

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.

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

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

"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...

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.

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

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

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

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

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

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

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

We've Moved!

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

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.

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

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...

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