 |
 |
The Insolvency Act 1986 defines an insolvency practitioner is a person who is licensed and authorised to act as a liquidator, administrator, administrative receiver or nominee or supervisor under a voluntary arrangement. In the UK there are a number of recognised professional bodies that are competent to give authorisations to their members in addition to direct authorisation from the Secretary of State. Complaints about professional matters may be made to each relevant body or to the Insolvency Service in the case of direct appointments however none of these organisations are able to deal with compensation claims for an insolvency practitioners negligence which is a matter for lawyers and a court of law.
HELPLINE 0845 177 0509
In order to successfully sue for an insolvency practitioners negligence there must be established a duty of care and as most potential claimants are either residuary beneficiaries or creditors the duty of care exists for most potential claimants. In addition it must be shown that negligence caused a direct financial loss. Negligence is defined as a failure to exercise reasonable skill and care. Losses that can be claimed must have arisen directly from the negligent act. Losses that are not easily foreseeable may be deemed to be to remote to claim.
HELPLINE 0845 177 0509
Our solicitors deal with insolvency practitioners negligence compensation claims on a no win no fee basis. You do not have to fund or finance your claim and you do not have to pay for any expenses or disbursements. We insure against costs orders and claims are therefore completely risk free for our clients. If you would like free advice without further obligation from a qualified solicitor just complete the contact form or use the helpline.