Prav Reddy

Prav deals in corporate and personal insolvency for office holders, creditors, debtors, banks and distressed companies. Prav has expertise in both transactional and contentious insolvency. Prav specialises in office holder driven contentious work including undervalue, preference, misfeasance and s423 actions. He also has significant experience in administration work. Personal insolvency work focuses on asset recoveries and disputes relating to trusts and beneficial interests. Recent work highlights include: - advising the Board of a PLC regarding solvency issues; - asset tracing overseas in bankruptcy; - 'bankruptcy tourism' and COMI shifting - voluntary arrangements, unfair prejudice and material irregularity (individual and company) - pursuing officers for antecedent/pre-insolvency dispositions - misfeasance claims - LPA Receiverships -Acting for a US NASDAQ listed company with regard to a purchase of a UK company with substantial pension liabilities through an insolvency process. - Pre-packaged sales of an international travel business, Financial Services company, chain of pubs, International Hotel chain and TV channel. Prav is recommended by both Chambers and Legal 500 for Restructuring & Insolvency.