Portsmouth: Verisona shortlisted for ‘Insolvency Law Firm of the Year’

Portsmouth’s leading corporate law firm Verisona Law has made the shortlist for the ‘Turnaround, Restructuring and Insolvency (TRI) Awards 2016’. When the awards were known as the ‘Insolvency & Rescue (I&R) Awards’, Verisona Law won ‘Business Rescue of the Year’ in 2014, in recognition of its contribution to the saving of Portsmouth Football Club.

Director Nick Oliver commented: ‘We have achieved a great many successful outcomes for clients in the past 12 months, involving a variety of complex insolvency problems. At the end of the day, that’s what our role is really about – helping clients to understand their options and guiding them to the best outcome.

“We have also done a lot of work for company directors this year. This has included the successful defence of directors accused of wrongful trading (trading a company on beyond the point at which it should have stopped trading and been placed into liquidation) at a four-week trial in London. This case resulted in a ground-breaking judgment which clarified the law in this area. We have also assisted a number of individuals resolve difficult bankruptcy problems, including many relating to properties.”