Six-figure settlement for defeating insolvency set-off claims

14 May 2024

Our clients acted as joint administrators for a large furniture manufacturing company. 


Upon their appointment, and in accordance with their duties, our clients carried out investigations into the financial affairs of the company. The investigations led to our clients discovering that one of its customers was indebted to the company in the sum of £420,000.

The legal challenge

Jonny meticulously analysed the data and evidence provided by the customer over the course of the lengthy dispute and argued that the documentary evidence provided to substantiate the basis for the retention was insignificant. As a consequence, Jonny argued that the retention of the sums was unjust and unlawful, incapable of insolvency set-off, and ought to be repaid to the joint administrators.

Jonny strongly and effectively negotiated with the debtors’ legal representatives which culminated in a six-figure settlement sum being agreed.

Read more about our experience with

Speak to an expert

Forging and maintaining strong long-term relationships with our clients is of utmost importance to us.