Cavendish IP Solutions are pleased to announce the acquisition of three debts owed by directors to a number of Companies. These debts were being sett...
Deferred Payment Case
November 10, 2017
Cavendish IP Solutions has taken on its first case under the Small Business Enterprise and employment Act 2015.
The Act enables Insolvency Practitione...
Dealing with Assigned Preferences
February 9, 2017
On the 18 December 2017 Cavendish IP Solutions Ltd were successful in its application against an insolvent estate. After nearly 2 years of pursuing th...
BANKRUPTCY PETITION OBTAINED AGAINST INSOLVENT ESTATE
December 18, 2017
WE DON'T GIVE UP!
December 3, 2019
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. The debtor refused to meet with the liquidators and would not acknowledge the debt unless signed delivery notes could be provided. After initially trying to engage with the debtor Cavendish issued a Statutory Demand . The debtor successfully applied to have the Statutory Demand set aside claiming that the debt had been paid. A claim was issued in January 2017 and a nebulous Defence and Counterclaim was issued in February 2017. Two Part 18 requests and unless orders were served to obtain the information needed to understand the defence and counterclaim. On the 7 November 2019 the case was heard in the County Court and the Judge found overwhelmingly in favour of Cavendish . It has taken nearly three and a half years for Cavendish to win this case for the benefit of the creditors .