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Major Property Services Company Is Paid £85,000 After Obtaining Solicitor Advice

The Challenge

Lovetts’ client is a major property services company.

It had a debt owed by one of the largest heating manufacturers and suppliers of boilers. The client was contracted to fit boilers for a third party at a fixed price per boiler throughout the term of the contract. The client’s contract with the debtor likewise provided for supply at fixed prices. The debtor did not honor that agreement, raising the price each year, but the client had to honor its agreement with the third party to avoid a breach of contract and reluctantly paid for the boilers at the increased prices.

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£42,000 Paid To Lovetts’ Client After The Debtor Entered Administration

The Challenge

Lovetts’ client had supplied sleeves for covering water bottles to a drinks company. The drinks company then went into administration without paying their supplier’s debt. Administrators were appointed. After the drinks company went into administration, Lovetts’ client went to inspect its stock

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Major damage to theatre during a live show!

The Challenge

Lovetts’ client is a major operator of theatre venues in the UK. What do you do when a hirer causes substantial damage to your theatre, then goes bust?

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Sub-Contractor Recovers £85,000

The Challenge

Cleat Ltd are specialist sub-contractors in the construction industry. They had undertaken several projects for a particular customer over several years, but had now accumulated £85,000 of invoice arrears.  Signs of financial distress were evident in the debtor, and they urgently needed Lovetts’ advice and guidance.

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