Insolvency law practice, featuring liquidations and receivership (among other aspects of insolvency law) offers a major practice area at Breakthrough Attorneys. We are renowned for our collaborative and practical outlook and our solutions-based approach to distressing insolvent situations.
Our insolvency practice is readily comprehensive and we do advise clients on the rights of creditors, best remedies for recovery of creditor’s debt, the powers and responsibilities of liquidators and receivers. We have acted in liquidation matters on behalf of creditors.
Our overall goal is to provide and lend our broad-based experience and understanding of insolvency issues to formulate practical strategies for debt recovery and commercial disputes for secured and unsecured creditors, debtor companies, liquidators, receivers and managers in insolvencies under the Tanzanian law vis-à-vis other cross-border interested parties. We have acted as Receivers and Liquidators on behalf and at the interest of different clients, especially major Commercial and investment banks in Tanzania.