A fundamental consideration when embarking on any litigation is whether the defendant will be able to pay. In most cases, this is really a question of whether the defendant is insured (although in some cases a defendant may be uninsured and yet still have the means to pay).
What happens if the defendant is insolvent?
United Kingdom, Company & Commercial, Insolvency & Restructuring, Insurance, Litigation, Womble Bond Dickinson (UK) LLP, Bankruptcy, Liquidator (law), Companies House, Companies Act 2006 (UK)