Insolvency & Receiverships
Insolvency and receivership is a well established practice area at Baycourt Chambers. We are renowned for our collaborative and pragmatic attitude and our solutions-based approach to transactions and for our exceptional commitment to clients. Our team comprises of highly experienced law professionals who operate with an in-depth knowledge of the local legislation, regulatory and commercial environments.
We understand that financial institutions are under extreme pressure to ensure that revenue targets are met and maintain shareholders’ interest by significantly reducing operational costs.
We advise on acquisitions and disposals within financial institutions as they regain and rebuild their businesses.
At Baycourt Chambers, we have a comprehensive insolvency practice and advise clients on the rights of creditors, best remedies for recovery of creditor’s debt, the powers and responsibilities of liquidators and receivers. We have acted in liquidation matters on behalf of creditors.
Our overall goal is to provide and lend our broad-based experience and understanding of insolvency issues to formulate practical strategies for debt recovery and commercial disputes for secured and unsecured creditors, debtor companies, liquidators, receivers and managers in insolvencies controlled by the Supreme Court of the Commonwealth of The Bahamas
