Welcome to Begbies Traynor Group on the Isle of Man. Our office is led by two licensed insolvency practitioners in the shape of Adrian Hyde and Robert Starkins.
Based in the heart of Douglas close to key road links and Douglas railway station, we are accessible to meet with directors, stakeholders and other individuals in person, or alternatively happy to provide advice over the phone or on video conference calls.
Adrian, Robert, and the wider team have a wealth of expertise in assisting companies and individuals on the Isle of Man in relation to financial matters, such as business insolvency and restructuring.
The Isle of Man shares many similarities with insolvency law in England and Wales - unsurprisingly due to its close proximity – owing largely to the fact that the Isle of Man Companies Act 1931 was based on the English Companies Act 1929. However, there are certain peculiarities and key differences to Isle of Man insolvency law and processes which have developed over many years; and our team are fully acquainted with both all legalese and procedures both in mainland Britain and on the Isle of Man so you can be assured that you are getting exceptional, industry-leading advice.
As expected, we work on a high number of cases involving offshore and cross-border work including liquidations, administrations, litigation, asset tracing, and regulatory driven appointments, all of which vary in size and jurisdiction. We are regularly appointed to advise on misfeasance, professional negligence and breach of trust claims, and also specialise in contentious and complex insolvencies, particularly in relation to fraud investigations both in the UK and abroad.
We work with businesses of all sizes, creditors, banks, lenders, solicitors, accountants, and a host of other professional clients. With stellar expertise across defined industry sectors in all our service areas, we’re perfectly positioned to assist with your specific enquiry. Contact us today for a free initial consultation.
2nd Thoughts Ltd, trading as Ellie Louise and Happit, was sold by our Leeds team after this long established chain fell victim to the retail sector downturn. Moving quickly they secured a buyer three …Read more →
The Company had relationships with some national house builders as well as smaller Companies. They had experienced cash flow issues due to slow paying debtors and this meant that they had fallen beh…Read more →
JK Domestics, an appliance repair service based in Liverpool, has been acquired out of administration in a pre-packaged deal secured by Begbies Traynor which has saved 17 jobs.Read more →
Buyers are being urgently sought for a huge stock of beer brewed by defunct Manchester-based Beatnikz Republic Brewing Co which ceased trading in April this year.Read more →
The soaring price of fuel has driven haulier, Scott Commercials Ltd to close with the loss of10 jobs. Begbies Traynor has been appointed as liquidators of the company, which ceased trading in late June 2022.Read more →