CALL US FOR A FREE CONSULTATION: 0207 459 4037

£810k Statutory Demand Successfully Set Aside – Indemnity Costs Awarded

Price & Service Guarantee

Got a quote? We will beat it by at least 10%

Problem: Our client, a former company director, was served with a statutory demand for an alleged debt exceeding £810,000, linked to a personal guarantee. The demand carried serious implications, including the risk of bankruptcy, and required immediate legal intervention to dispute its validity.

Outcome: Our expert insolvency lawyers successfully applied to set aside the statutory demand. We presented compelling legal arguments and evidence, leading the court to set aside the demand and award costs in our client’s favour on an indemnity basis.

How long did it take? Around 7 months.

Our client contacted us after receiving a statutory demand that alleged they were personally liable for a significant company debt. The demand was distressing, given the substantial amount involved and the potential consequences of bankruptcy. Upon review, our legal team identified multiple grounds on which the demand could be challenged, and we swiftly moved to protect our client’s interests.

Basis for Challenging the Statutory Demand:

  • Disputed Debt: The debt claimed within the statutory demand was disputed on genuine and substantial grounds. Our client had previously entered into a settlement agreement with the claimant, which superseded any personal liability under the original agreement.
  • Supersession of Personal Liability: The original liability was negated by a subsequent agreement, wherein the claimant confirmed that personal guarantees would not be enforced and that the debt would be managed through a new arrangement with the company.
  • Procedural Defects: The statutory demand was procedurally flawed, with discrepancies in the amounts claimed at different sections of the demand. It also improperly included unliquidated and disputed sums such as legal costs and VAT, which are not permissible in such demands.
  • Failure to Comply with Dispute Resolution: The claimant failed to adhere to the dispute resolution procedures outlined in the original agreement, which required the parties to enter into mediation before escalating to insolvency proceedings.
  • Defective Re-Issuance: After the initial statutory demand expired, the claimant issued a new demand that was nearly identical to the first, failing to address the significant defects previously raised by our client’s legal representatives.

Our application to set aside the statutory demand was supported by comprehensive evidence and clear legal arguments. The court agreed with our position, ruling that the demand was invalid and should be set aside. Additionally, we successfully argued for costs to be awarded on an indemnity basis.

When costs are awarded on an indemnity basis, the court orders the losing party to cover all the legal costs incurred by the winning party, except those considered unreasonable. This is in contrast to the standard basis, where typically only 70-80% of the legal costs claimed are awarded. Indemnity costs provide a higher level of recovery, ensuring that our client was not financially burdened by the claimant’s unwarranted actions.

Our client was pleased with the result that we achieved and our client left our lawyers with the following testimonial:

“Incredible service! He’s meticulous and most importantly doesn’t leave any stone unturned. His wealth of knowledge and experience gave me assurance and peace of mind when going through our litigation process, and Karim was swift in his process from start to finish. His personable approach has made it a truly unrivalled experience!”

Our insolvency lawyers have a proven track record of successfully setting aside statutory demands and protecting clients from severe financial consequences. We combine legal expertise with strategic insight to achieve the best possible outcomes for our clients.

Need Help Setting Aside a Statutory Demand?

If you’ve been served with a statutory demand or are dealing with any insolvency issues, contact us immediately. We offer a Free Consultation on 0207 459 4037 on a no-obligation basis, or you can complete our online booking form today. Let us help you navigate these complex legal challenges and protect your financial future.

Reviews

Karim Oualnan handled a contractual case to a successful resolution. Karim was very diligent, always providing great, honest advice in which Karim always put my best interests at the forefront of his suggestions during the case. He is very reliable, trustworthy and always on hand to help. I would highly recommend Karim.
I have no hesitation in recommending the services of Karim and his team. I had been banging my head against a brick wall after my bank forced the closure of my accounts and froze a substantial amount of my cash assets. Karim quickly reviewed all of the documentation relating to the matter and issued a letter before claim and formal...
We hired Karim for a commercial dispute, with a UK based entity that breached our P.O. terms. The difficulty with the case was that we have paid a down payment without much leverage to recover it. The supplier misled us forever 2 years and finally decided not to pay our down payment. However, with the support of the lead lawyer...
Very satisfied with the way that Karim Oualnan and his team took hold of a messy conveyancing professional negligence claim, and progressed it all the way through to an amicable settlement in just over 6 months. Professional, courteous, knowledgeable and also pragmatic with advice and strategy. I would not hesitate to recommend.
Karim offered me some advice regarding a lease issue. He was kind , courteous, knowledgable and above all really generous with his time and support . I would recommend Karim in a heartbeat for explaining things so clearly without patronising and for making me feel so at ease.
Karim is wonderful to work with, attentive, calmed and a knowledgeable professional. I appreciate his help a lot, he guided me in a way that not a lot of people does. Reliable and a great motivator.

Choose Excellence in Dispute Resolution

Our Mission

Our lawyers have a proven track record of delivering successful outcomes for clients. Go Legal was founded to make exceptional lawyers accessible and solutions affordable.

Our lawyers and mediators have decades of experience and specialise exclusively in commercial litigation. Our lawyers have been described as “the best litigators in the country” & provide solutions to clients in the following areas of law:

karim sign

Karim Oualnan

Partner and Managing Director

Litigation Lawyer of the Year - Karim Oualnan

Our Story

Having worked more than a decade in law and fuelled by his passion for access to justice, Karim envisaged a different law firm – one that stood as a symbol of hope, fairness, and an unwavering dedication to justice. By providing legal services through a partnership with Go Legal and Spencer West, Karim has been able to create this vision.

Karim did not have a storybook beginning. His childhood echoed with challenges, where he witnessed his family and friends struggle with legal issues. It made him realise that there are individuals and businesses caught up in the complexities of the UK legal system who need reliable and technically astute lawyers to get results when things go wrong.

Our lawyers make a promise – we will work hard to achieve the best outcome for you.

Our Values

Our firm’s values ensure that we consistently exceed client expectations because we do and think differently to other law firms. We are:

  • Honest: Our lawyers uphold the highest standards of honesty & transparency
  • Generous: We are technically astute lawyers with compassion, and a genuine desire to help
  • Dedication: We tackle each case with relentless dedication & we will work tirelessly to achieve a successful outcome
  • Innovative: Our lawyers have access to technology & strategies not used by other law firms
  • Guardians: We guide you through every legal step, ensuring clarity & understanding at all stages

200+

Lawyers*

95%+

Success

20

Offices*

*through our exclusive partnership with Spencer West LLP

Our lawyers are regulated and members of:

Why instruct Go Legal

why-icon-6-6

Expertise

Our team of award-winning legal experts are renowned for their technical expertise, honesty and dependability. We prioritise customer satisfaction by providing personalised attention and ensuring that we consistently exceed our clients' expectations throughout.

why icon 2

Rapid Response​

We understand the urgency of legal matters and offer 24/7 support to clients. Whether you require immediate assistance with legal advice or representation, our team is always available to provide prompt and reliable support. We will create a Whatsapp group with you and your legal team once instructed if you have any out of hours questions throughout your litigation and dispute resolution case.

why icon 3

Fair and Transparent pricing

We provide honest estimates for our legal services at the very outset. We are often instructed on an hourly rate basis, but we can offer discounted fixed fee packages, and no-win no fee agreements. For further information, please see our Funding page which sets out some of the packages we may be able to offer clients.

fast litigation and dispute resolution lawyers

Fast & Reliable

Efficiency and dedication to our clients’ needs are the cornerstones of our practice. We have earned the appreciation and praise of clients and even our opponents by consistently meeting high standards and delivering exceptional results.

why icon 5

Qualified and Regulated

Our team consists of highly qualified and regulated legal professionals who possess extensive knowledge and experience in dispute resolution. You can trust that your legal matter will be handled by specialist and experienced lawyers who provide the highest level of service to achieve the best result for your case.

why icon 1

Customer Satisfaction Guarantee

We are so confident in our ability that we give our clients a service level guarantee. If you are not happy with the service we provide on your case, you can request a 10% discount on our invoice(s) no questions asked.

1. Book Free Consultation

2. Our Lawyers will call you

3. We will represent your best interests to success

Schedule a Free Consultation

Select Date & Time below
Maximum file size: 10 MB
error: Content is protected !!
Search
go-legal-white-logo

How can we help?

Resolving Payment Disputes: A Legal Guide for the UK Construction Sector

We are here to help you. Call us for your Free Consultation: 0207 459 4037

The Ultimate Guide to Construction Project Management: Legal Tips & Best Practices

We are here to help you. Call us for your Free Consultation: 0207 459 4037

The Complete Guide to Litigation Funding in England & Wales

We are here to help you. Call us for your Free Consultation: 0207 459 4037

The Essential Guide to Intellectual Property Protection in the UK

We are here to help you. Call us for your Free Consultation: 0207 459 4037

Understanding Defamation: A Comprehensive Guide

We are here to help you. Call us for your Free Consultation: 0207 459 4037

A Comprehensive Guide to Preventing and Resolving Partnership Disputes

We are here to help you. Call us for your Free Consultation: 0207 459 4037

Navigating Partnership Disputes: A Step-by-Step Guide

We are here to help you. Call us for your Free Consultation: 0207 459 4037

Understanding Your Rights: A Guide to Financial Services Disputes in the UK

We are here to help you. Call us for your Free Consultation: 0207 459 4037

The Essential Guide to Resolving Financial Services Disputes in the UK

We are here to help you. Call us for your Free Consultation: 0207 459 4037

Understanding Professional Negligence: An Introductory Guide

We are here to help you. Call us for your Free Consultation: 0207 459 4037

Guide to starting a Professional Negligence Claim

We are here to help you. Call us for your free consultation: 0207 459 4037

Appealing HMRC Decisions: Your Rights and Procedures

We are here to help you. Call us for your Free Consultation: 0207 459 4037

A Guide to Alternative Dispute Resolution (ADR) in HMRC Disputes

We are here to help you. Call us for your Free Consultation: 0207 459 4037

Best Practices to Minimise Bad Debts

We are here to help you. Call us for your Free Consultation: 0207 459 4037

How to start a Debt Claim

We are here to help you. Call us for your Free Consultation: 0207 459 4037

A Guide to Creditors' Rights in Insolvency Proceedings

We are here to help you. Call us for your Free Consultation: 0207 459 4037

Crypto Recovery Group: Overview of Cryptocurrency Recovery& Fraud

We are here to help you. Call us for your Free Consultation: 0207 459 4037

Cryptocurrency Tax Disputes: Navigating the Grey Areas

We are here to help you. Call us for your Free Consultation: 0207 459 4037

Avoiding Insolvency: Early Warning Signs and Remedial Actions

We are here to help you. Call us for your Free Consultation: 0207 459 4037

Navigating Corporate Insolvency: A Step-by-Step Guide

We are here to help you. Call us for your Free Consultation: 0207 459 4037

Preventing Shareholder Disputes: A Proactive Approach

We are here to help you. Call us for your Free Consultation: 0207 459 4037

The Legal Implications of Deadlock in 50/50 Owned Companies

We are here to help you. Call us for your Free Consultation: 0207 459 4037