Liquidation and Receivership

Official Receivers and Insolvency Practitioners

The Alliance Group offers both receivers and licensed insolvency practitioners the following:-

• Immediate on-site consultative secondment of experienced staff to assess the viability of the remaining business followed by a report to confirm their findings
• Operational staff to run and develop the potential secured following that exercise
• Finance to secure and retain that on-going work in progress (preserving customer confidence which if handled correctly  translates into a major company asset)
• This service relieves the receiver or liquidator of the tremendous burdens placed upon them as a result of cargo liens, rent charges, demurrage bills, “stale” export documentation and a plethora of other logistical problems often encountered following the failure of a freight company and often very alien to the receiver or liquidator-designate

Above all else experience has shown that many thousands of pounds can be retrieved and saved which assists the receiver or liquidator in the execution of their duties and should ensure that aggrieved creditors see a return on their often wayward funds.

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