What is contentious insolvency?

Contentious insolvency is the investigation into the financial affairs of an insolvent company or individual, usually in circumstances involving alleged financial wrongdoing, to identify potential assets or causes of action and to take remedial action to recover funds for the benefit of creditors.

Regularly, this involves dealing with culpable companies and individuals.

As part of our team, you'll play a crucial role in progressing complex investigations and asset tracing work in formal insolvency appointments.

Trainee Insolvency Administrator

Role Overview

As a Trainee Insolvency Administrator in the Contentious Insolvency Team, you’ll:

• Undertake pre-appointment checks and initial investigation/background work, and set up insolvency cases post-appointment.
• Deal with initial statutory notices and enquiry letters following the checklists and case diary (IPS), with guidance from experienced managers and insolvency practitioners.
• Provide support to ensure statutory deadlines are met; complete case reviews; draft reports, letters, and emails; and comply with insolvency legislation and company procedures.
• Assist in managing and organising incoming emails and phone calls, ensuring timely and professional responses.
• Maintain client and creditor files and handle routine communication with creditors, directors, bankrupts, professional advisers, banking institutions, insurance companies, the officeholders’ solicitors, and other stakeholders.
• Support asset realisations and investigations into the financial affairs of the insolvent estate, including collating records and information from third parties.
• Actively monitor, diarise, and follow up on outstanding responses from all relevant parties to ensure receipt of sought information.
• Assist in reviewing bank statements, financial statements, accounting records, books, and records of the company or individual, and identifying relevant matters or transactions and further lines of enquiry.
• Work with experienced colleagues in managing insolvency cases such as liquidations and bankruptcies, and assist with the preparation of documentation for asset recovery-based claims.
• Assist with monitoring relevant open-source data channels for information.
• Develop an understanding of insolvency law and processes through hands-on training and formal qualifications.