Stewart Hindley & Partners has been successful in securing a consensual agreement on behalf of its client, a Scottish Hotelier and a leading Insolvency Litigation Financing Company, who purchased our client’s debt from one of the “Big Four” Insolvency Practitioners.
This consensual agreement not only allowed the Hotelier to remain trading, but it also significantly reduced the sum claimed by 85%, which is testament to the way Stewart Hindley & Partners deal with Litigation Financing Companies, often in very stressful and demanding situations.
Chris McDonagh, Head of Debt Restructuring and Advisory, commented:
‘This is a first for Stewart Hindley & Partners as ordinarily we work with the UK’s leading banks securing consensual outcomes and debt restructuring solutions for our clients.
However, dealing with an Insolvency Litigation Financing Company was certainly a completely different dynamic and an extremely challenging one, so we’re absolutely delighted that we achieved the right outcome for our client.’
Get in touch with us today on 01488 684834 for more information on how Stewart Hindley & Partners can assist you or your firm with commercial debt restructuring and action from Litigation Financing Companies.