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recently concluded a claim against a Director of a company in liquidation, where the IP had ascertained that he had withdrawn c£100,000 from the company in the two years preceding the liquidation.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