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Matrimonial Proceedings - Insolvency ConsiderationsDate: 17/02/2020 Type: Articles Topic: International | Finances |
Author: Chris Pocock QC, 1KBW & Kristina Kicks, KPMG
Insolvency proceedings are a potential option for clients to consider in situations where there are unpaid debts, judgments and orders and/or concerns over the dissipation of assets.
It is recognised that insolvency can seem a nuclear option for enforcement but insolvency proceedings can be an effective strategy to maximise recoveries where a client has an outstanding award.