Ann: Redflow enters Voluntary Administration, page-105

Companies that go VA usually have spent significant time knowing that was the pathway they were headed , unless left field saviour or finance or deal appear and take advice early to protect themselves ( ie management) by taking advice from insolvency specialists. Really need a smoking gun to have a successful claim and then hurdle of fighting indemnity insurer or targeting dir themselves. Not easy in general and very deep pockets required to fund over a very long period to be a success. Litigation funders have lots of easy cases with obvious issues they can fund so anyone thinking of doing a claim would probably have to fund it themselves or as a group. What often looks like conspiracy or smoking gun from outside can be as simple as bad timing ,poor management etc but may not be anywhere near close to hurdle that would allow a successful legal claim. Usually without inside whistleblower with real information it is a hard pathway as so many records and documents not required by law to be kept are disposed of in winddown and of course then you have " not in my recollection" as the answer to everything especially in regards to timing of information..