Insolvency & Restructuring

Insolvency, Bankruptcy and Business Restructuring Advice from Experienced Insolvency Solicitors

We have a dedicated insolvency and business restructuring team led by partners with over 50 years' experience in advising on all aspects of corporate recovery, insolvency litigation and personal bankruptcy.

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Experienced Insolvency Solicitors

Given the level and depth of our experience, we are able to provide you with prompt practical and commercial legal advice in this often complex field.

We also work closely with a number of lawyers across the firm as well as with a wide variety of other professionals with whom we have developed strong relationships and who can help us to act urgently on your behalf.

Corporate Insolvency

We advise on all aspects of corporate insolvency, whether in an advisory capacity with a view to avoiding a formal appointment or following formal insolvency.

The team acts for a wide variety of clients including insolvency practitioners from a range of accountancy firms (both large and small), banks and other financial institutions, companies affected by financial distress (where our early advice and involvement can often be crucial), utility suppliers, charities and independent schools, and directors and investors affected by insolvency.

In particular, we regularly advise on:

• administrations, including office holder appointments, business and asset sales (whether by way of 'pre-pack' or in the ordinary course of the administration)
• liquidations, whether by way of a voluntary company process or following creditor action, and with a particular focus on effective asset recovery
• the implementation and operation of voluntary arrangements
• solvent and insolvent restructurings

Our thorough understanding of the practical and commercial issues facing insolvency practitioners and company members and directors allows us to adopt a holistic approach to our advice and support.

The team is also well known for its expertise in advising independent school and charities on restructurings and wind-downs and we work closely with our renowned Education and Charity teams.

Insolvency Litigation and Asset Recovery

We are regularly involved in bringing and defending insolvency proceedings, and have been involved in a number of reported cases in the higher courts. We are regularly instructed in relation to:

• antecedent transactions, including preferences and transactions at an undervalue
• actions against directors and former directors for misfeasance, breach of duty and the repayment of directors' loans
• directors' disqualification and wrongful or fraudulent trading
• the enforcement of security, and the effective use of set off and retention of title
• effective asset recovery, often involving tracing, breach of trust and restitutionary claims
• dispute resolution and debt recovery

Personal Insolvency - Bankruptcy

We advise both debtors and insolvency practitioners upon all issues arising in an insolvency or pre-insolvency context. We provide a complete service, including advice on:

• individual voluntary arrangements
• substantive bankruptcy issues and procedure
• asset and debt recovery
• partnership issues

Our experienced team can provide you with a full range of technical and litigation support for all insolvency procedures. We understand the technical and commercial issues that face insolvency practitioners and individuals.

For specialist legal advice and support from experienced insolvency solicitors, please contact Ed Husband on 0117 314 5233.