Travel industry insolvency is a very specialised niche part of insolvency and requires an Insolvency Practitioner with knowledge of, and expertise in, the sector.
Dealing with Insolvent travel agents and companies requires an understanding of how the travel industry operates and how consumers are protected.
Need help?
If your business is facing insolvency, the sooner you contact us, the more we can help.
How can our team’s experience help in a Travel Industry insolvency?
Antony Batty has been dealing with travel insolvencies for over 25 years. Appointments include: Selsdon Travel Limited, Pinnacle Travel Limited, Hotel Connect, Global Enduro Limited, Sun4U Limited, Diamond Shortbreak Holidays and Isle of Wight Tours.
We have good relationships with the regulators including the CAA, ABTA and IATA as well as the merchant acquirers, such as Barclaycard and Streamline. This enables us to act rapidly in situations where customers are stranded abroad and need repatriating, or find their holiday is cancelled before departure and need to rebook and lodge a claim with the Air Travel Trust Fund.
Our industry contacts help us to maximise realisations for creditors, often through a very rapid sale of the business and assets which include goodwill and can therefore lose value very quickly.
