Causes of insolvency
The analysis considers how and when the company lost the ability to meet its obligations, which decisions were material and whether financial difficulties were managed reasonably.
Transactions and movement of assets
Transactions with related parties, disposal of assets, payment priorities, unusual operations and their economic rationale may be relevant.
Accounting and documents
The state of accounting records, preservation of documents, reliability of financial data and information available to management often form an important part of the factual picture.
Creditor and management positions
The process may affect transaction challenges, damages claims and liability, so positions should be based on specific evidence.
Related competence area
Insolvency law →This article provides general information only and is not individual legal advice. The appropriate legal route depends on the facts and the law applicable at the relevant time.