Testimonials

What’s better than a client being impressed? Them being seriously impressed.  So how does one seriously impress a client, well in this case it was:

“Thank you for your advice during our consultation, we were seriously impressed with your ability to quickly decipher complex scenarios and your proposed strategies”.

With the directors and their legal team drawing a blank as to a way forward, they reached out to BRI to provide a fresh perspective on the matter. The proposed strategies referenced here involved finding a solution to deal with a scenario within which numerous investors were jockeying for position regarding expected returns on a property investment, with some parties claiming preferential status.  If the directors of the development company could not reach an agreement with the investors then potential litigation and/or an insolvency event awaited them.

They were grateful that BRI were on hand to provide a structured compromise that would see all stakeholders exit from their investment without the need for anyone to hit the button on any action that would lead to an insolvency event. We have a wealth of experience in identifying an early compromise that can help produce a much better outcome for all parties, as opposed to the need for formal processes or litigation. If you or a client need guidance or assistance with reaching a compromise with stakeholders who are threatening action, please do not hesitate to contact one of our offices for a free and confidential initial consultation.

As insolvency practitioners we not only provide advice but also provide support for our clients so it was great to hear the following from a director for whom we carried out a solvent liquidation and informed her that the liquidation and our work had concluded.

“That’s great! Thank you for the continued and always very prompt support during the liquidation process.”

The director was originally from France and so English was not her first language and therefore needed a little extra support to help her with understanding the procedures and processes we were required to follow during the MVL process.  We recognise the work we do on daily basis is unknown territory for clients, so going the extra mile to talk them through each step, without the technical jargon, is always appreciated by our clients and reassures them we are here to support at every stage of the process.

Should you wish to read a bit more about the MVL process, please click on the link below or just give the BRI team a call.

https://www.briuk.co.uk/services/members-voluntary-liquidation/

“Thank you for the great service”, Director & Shareholder of a company in an MVL

BRI were appointed liquidators of a company in a Members’ Voluntary Liquidation (“MVL”) in March 2024 whereby we have received a heart-warming testimonial from the director and shareholder of the company, highlighting the great service that BRI has provided to him.

This is something to which everyone at BRI prides themselves on; giving a great level of service to clients in a professional, timely and efficient manner. To receive recognition for the high level of service we provide is something to which we will always be grateful for and one which we will always look to highlight to everyone both inside and outside of the firm. Ultimately, this is why BRI are regarded so highly in the Midlands as we are consistently referred clients from accountants, solicitors, finance lenders, business advisors and even by directors and shareholders we have dealt with previously.

“I will highly recommend you to my friends”

Following on from above, the sentence above was also received in the same testimonial and is very rewarding to hear from a client.

At BRI, each and every case is allocated a case manager and administrator so that the lines of communication between the client and BRI is easy and concise. The two involved on this case should be very proud that the director has shown his appreciation for making his MVL journey a smooth and efficient one.

What is an MVL?

An MVL is a liquidation process for a solvent company whereby the shareholders wish to wind-up the company’s affairs whilst receiving the cash and/or assets remaining in the company after all debts have been paid in, ordinarily, a more tax efficient way than just receiving dividends.

If you are interested to know more information on the process please get in contact for a free and without obligation consultation.