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Receivership Consultancy

Receivership ConsultancyIn law, receivership is the situation in which an institution or enterprise is being held by a receiver, a person “placed in the custodial responsibility for the property of others, including tangible and intangible assets and rights.

The receivership remedy is an equitable remedy that emerged in the English Chancery courts, where receivers were appointed to protect real property.

Receiverships are also a remedy of last resort in litigation involving the conduct of executive agencies that fail to comply with constitutional or statutory obligations to populations that rely on those agencies for their basic human rights.

It is a sad fact that companies do fail and shipping companies are no exception. It is also a fact that many can be saved.

Brisk Global Services can dispatch a team of hugely experienced shipping professionals to help the receivers or liquidator to :-

  • Access the worth of the business as an ongoing concern.
  • Aid in the quick recovery of debt, for unsecured creditors.
  • Clear down operational files.
  • Make payments to third parties to ensure prompt cargo release / Delivery.
  • Help the Liquidator or Receiver to save additional cost by speedy release of goods to third parties, thus limiting exposure to additional rent and demurrage charges.

Obviously speed is of vital importance to protect the interest of all parties. Should you believe that we can be of assistance then we could have a team on site within hours.