Shakespeare Martineau launches insolvency litigation service

Adding to its range of insolvency services, Shakespeare Martineau, which has an office hub in Lincoln, has launched a new insolvency litigation service, ‘InSolvLit’.

Offering support from initial investigations stage through to identifying the claims and pursuing them to trial, the firm’s new service takes the burden off insolvency practitioners and drives forward claims quickly and efficiently.

Claims are reviewed without charge. Where claims have merit, legal fees are recovered only if the claims are successful and when sufficient funds have been realised.

Heading up the product is partner and insolvency expert Nicola Holton. She said: “We recognise that insolvency practitioners require specialist advice in order to investigate, fund and bring claims forward for the benefit of creditors.

“Office holders have the duty and powers to investigate wrongdoing or fraudulent activity by the directors of an insolvent business. However, they often don’t have the funds required to obtain legal advice and pursue claims through the court. ‘InSolvLit’ provides a solution.

“We will provide legal advice and support to pursue claims through the court, if necessary. We offer a range of litigation funding, including no-win no-fee, and work with the leading insolvency litigation funders – ensuring that claims can be pursued and the return to creditors maximised.”