Insolvency and Restructuring

Our Insolvency and Restructuring team has extensive experience in the full range of contentious and non-contentious corporate and personal insolvency work. We act for insolvency practitioners, financial institutions, companies, directors, shareholders, creditors and debtors. Our work has included the following:

• Pre-insolvency security and business review, advising lenders on key legal issues to assist in determining whether insolvency or a workout is preferred;
• Negotiated restructurings, involving debt; renegotiations, pre-pack sales, debt and equity swaps and recapitalisations, incentivising new management, managed disposals programmes and balancing of stakeholder interests with a view to preserving the core business;
• Advising directors on pre insolvency duties;
• Formal insolvency – receivership, administration, liquidation (solvent and insolvent), CVAs and bankruptcies including:
  • Advising on property, employment and pensions issues as well as sale of the business and/or property;
  • Appointing and acting for receivers, administrators and liquidators;
  • Acting for buyers from insolvency, demonstrating practical understanding of relevant insolvency issues, “no go” areas and how to achieve a deal in both sides’ interests in often difficult circumstances;
  • Fraud and asset tracing
  • Litigation and recovery actions;
  • Injunctions to protect or deliver up assets
    enforcing or resisting the enforcement of security;
  • Advising former directions of insolvent companies on claims brought by liquidators
    advising administrators, liquidators and creditors on Retention of Title claims;
  • Directors disqualification proceedings;
  • Guarantor claims;
  • Commercial rent arrears recovery, forfeiture and disclaimer of leases;
  • Advising in bankruptcy proceedings including annulment and exiting via Individual Voluntary Arrangement;
  • Advising co-owners and defending possession and sale proceedings;
  • Corporate and shareholder/partnership disputes.