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Liquidations - Insolvent liquidations

Liquidation provides a mechanism for the formal winding up of a company in a controlled manner.

How we can help

At Deloitte, our experienced practitioners will act to realise assets for the benefit of creditors.

A liquidator will aim to:

  • Dispose of the assets of the company
  • Distribute the funds realised, according to the statutory order of priorities among the company's creditors.

If requested by creditors and other stakeholders our liquidators can:

  • Perform extensive investigations into failed companies
  • Examine the conduct of a company’s directors and senior management in order to establish the reasons for its failure.

Our experienced Directors and Partners have acted in a formal capacity to implement solutions for insolvent businesses. The types of appointment we can assist with include:

Jersey - Creditors’ Winding Up and applications to the Royal Court under Article 155 of the Companies (Jersey) Law, 1991. We have also assisted the Viscount in situations where a large trading company was placed en désastre.

Guernsey – Compulsory Winding Up and Administrations

Isle of Man – Creditors’ Voluntary Liquidation and Receiverships

Our previous appointments have included that of liquidators, administrators and receivers over a variety of businesses including regulated entities and trading companies. We also provide support to our UK and overseas colleagues in cross-border insolvencies. 

Useful links

  • Contact us
  • Join our team

Key contacts

  • Rick Garrard
  • Andrew Isham
  • Alex Adam
  • Sarah Sanders
    Isle of Man
  • Andy Wood
    Senior Manager
Get in touch

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