Joel Finnan

Call 2018

finnan@exchangechambers.co.uk

Photo of Joel Finnan

Insolvency

Joel is an experienced corporate insolvency advocate. He is a regular face in the winding-up lists in Manchester, Leeds, and Liverpool, and also advises on and appears in applications under the Insolvency Act 1986, principally on behalf of officeholders.

Recent work includes:

  • Winding-up petitions routine and complex, involving petitions to move companies from CVL to compulsory liquidation, multi-handed disputes over carriage, and disputes as to the validity of petition debt.
  • Applications to fix liquidators’ remuneration, to distribute funds from an administration, and to obtain orders for examination and delivery up, under the Insolvency (England & Wales) Rules 2016 and Insolvency Act 1986.
  • An injunction to restrain the notification of a winding-up petition valued at £1.2 million involving allegations of a large-scale tax fraud.
  • Advising a company on liability for the receipt of alleged preference payments.

In personal insolvency, Joel acts for both creditors and debtors in bankruptcy proceedings and applications under the Insolvency Act 1986.

Recent work includes:

  • The handling of final bankruptcy hearings on both sides of the fence.
  • An injunction to restrain the disposition of property allegedly at an undervalue featuring a number of Respondents, some of whom were domiciled in the Seychelles.
  • The successful set-aside of two statutory demands. The application involved a novel point of law as to whether the Landlord and Tenant (Covenants) Act 1995 provided a statutory overlay converting damages for breach of an indemnity obligation into a liquidated debt.