Our insolvency and restructuring specialists work with businesses of all sizes in a variety of sectors, providing assistance and advice on formal insolvency procedures tailored to our clients. Whether it’s advising creditors, corporate restructuring or helping you with bankruptcy, our lawyers have the expertise to advise on solutions, which best fit you and your business.
We act for
- Administrators
- Liquidators
- Trustees
- Receivers
- Company directors
- Creditors
- Commercial stakeholders
- Individuals facing bankruptcy
What we do
Advise directors or stakeholders on personal implications of company insolvency including:
- Defending all manner of misfeasance and related claims against directors, shadow directors or shareholders by office holders
- Advising in connection with statutory demands and bankruptcy
- Defending director disqualification actions
- Directors’ duties
Advise creditors including:
- Acting for judgment and other debtors
- Dealing with creditor meetings
- Advising on validation orders and office-holder requests for return of funds, and challenges to Company Voluntary Arrangements (CVA)
Act for the appointed Trustee in Bankruptcy in connection with:
- Claims or investigations into bankrupts and;
- Resulting actions e.g. sale
Work with administrators on:
- Effecting their appointment including, in court and out of court applications
- Advising on recovery actions against directors and other parties
- Asset recovery
- Asset sales including acting on behalf of administrators and buyers, to negotiate terms, draft the sale agreement, and advise on employment, IP and property aspects of the sale
Liquidation
- Acting for liquidators
- Pursuing and defending claims against directors and relevant parties
- Dealing with winding up petitions & statutory demands
- Advising on validation orders
CVAs
- Arrangement of debt settling
- Liquidation
- Bankruptcy
Corporate restructuring: we advise and assist on:
- Restructure implementation
- Law compliance
- Obligations to shareholders and investors
- Selling parts of the business
- TUPE / redundancy issues
- Implications for key customers
- Supply contracts
- Preparing necessary legal documentation
- Liaising with tax advisers to ensure that the legal documentation achieves the tax and financial aims of the restructure.
