A business owner approached us after not receiving a substantial payment due under a business sale agreement. The buyer had breached key terms of the contract, and there were increasing concerns about their financial position. With the risk that funds could be lost or recovery made more difficult over time, the client needed clear advice and prompt action.

We moved quickly to understand the full background and what the client wanted to achieve, explaining the available options in straightforward, practical terms. After reviewing the position in detail, we advised on a focused recovery strategy, including the use of insolvency procedures and the potential presentation of a winding up petition to apply immediate commercial pressure.

By acting decisively and keeping the approach targeted, we were able to progress the matter efficiently and bring it to a successful conclusion. Throughout, we remained focused on minimising time, cost and disruption, ensuring the client achieved a strong outcome while protecting their wider business interests.