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Mara Gosling qualified as a solicitor in 2009 and is an experienced Associate Solicitor dealing with a broad-range of insolvency and business recovery matters, including advising insolvency practitioners, businesses and financial institutions, as well as individuals and company directors.  She joined LCF Law in November 2019, bringing with her a breadth of knowledge in approaching a range of issues faced by individuals and businesses who are in financial difficulty, along with advising on the rights of different creditors in insolvency situations.

Mara’s caseload includes advising insolvency practitioners on claims in relation to assets in both personal and corporate insolvency estates, advising on all aspects of the insolvency process, and the realisation of assets such as claims for antecedent transactions or sale of an insolvent business.  She also advises creditors and directors/shareholders on their obligations, rights and/or options, and advises parties in defending potential antecedent transaction claims against them or other claims arising from an insolvency situation.

Recent matters in which Mara has been involved:

  • Being part of the team acting for the Administrators of Taylor Pearson (Construction) Limited in the reported case of Moulds Fencing (Torksey) Ltd & others v Butler & others [2020] EWHC 2933 (Ch) in in respect of claims made by creditors as to the Administrators’ conduct and the procedure used by the Administrators. The Administrators were successful in defending the complaints and the case has now been reported.
  • Advising creditors on their rights as a result of another party’s insolvency, including advising a creditor in respect of a complex Restructuring Plan (a scheme introduced by the Corporate Insolvency and Governance Act 2020. The creditors claim involved the DeepOcean Restructuring Plan, which led to the first consideration by the Court of a cross-class cram-down in the case of In the Matter of Deepocean 1 UK Limited v In the Matter of Deepocean Subsea Cables Limited v In the Matter of Enshore Subsea Limited [2021] EWHC 138 (Ch)
  • Acting for Trustee in Bankruptcy in respect of a bankrupt’s property where, in breach of the trust created by the preceding IVA, the bankrupt had granted an equitable charge to a lender. The charge has subsequently been removed from the property. The case also includes considerations about whether the bankrupt’s wife has an interest in the property (which is solely owned by the bankrupt).