I am head of insolvency and corporate recovery within our Dispute Resolution team. Specialising in all aspects of personal and corporate insolvency work ranging from litigation to recovering assets for the benefit of insolvency estates. I also advise on the sale and purchase of the assets and business of an insolvent company on behalf of insolvency practitioners.
I also act for individuals and directors of corporate entities in relation to pre and post insolvency advice. Given my knowledge of and work with insolvency practitioners I am extremely well placed to advise on the options available, the consequences of insolvency and am able to give practical advice on how an insolvency practitioner would approach such issues.
Joined SAS Daniels: 2013
What people say about me:
"Paul Formby frequently acts on personal insolvency cases involving significant property considerations. He is also well versed in handling issues arising from deceased estates." (Chambers and Partners, 2020)
"Paul Formby of SAS Daniels LLP heads the insolvency and corporate recovery team with deep expertise in a range of bankruptcy matters, often for insolvency practitioners. Sources say he is a "rising star" and a "good all-round insolvency lawyer." (Chambers UK, 2017)
Why I'm no ordinary professional:
I aim to work in partnership with my clients to ensure that they achieve the right outcome for them. Whether that involves drafting documents into the early hours of the morning, offering funding arrangements to suit my clients circumstances or always being available to discuss matters which may not result in a formal instruction.
A bit about me
What's the best place you've visited and why?
New York – somewhere I have always wanted to visit and I was not disappointed. I just loved the energy and drive of being in a city which did not seem to pause for a moment when I was there.
If you weren't a lawyer what would you be doing?
I couldn’t imagine doing anything else but I don’t have much in the way of an imagination! My father was a policeman and until I went to university I was seriously considering following in his footsteps, being away from home opened my eyes to other possibilities and I never looked back.
What is your favourite quote?
"Success is not final, failure is not fatal: it is the courage to continue that counts." (Winston S. Churchill)