Corporate restructuring and insolvency

Our dedicated team of restructuring and insolvency specialists acts for creditors, companies, directors, charity trustees and anyone involved with or exposed to the corporate insolvency process. We also act for insolvency practitioners on all aspects of their appointment.

We advise on all aspects of corporate insolvency, including administrations, liquidations, CVAs, Schemes of Arrangement, Restructuring Plans, the CIGA Moratorium, and LPA and other fixed charge receiverships. Many of our cases involve an international element, but we are equally at home dealing with purely domestic insolvency issues.

Our depth of practice and expertise, coupled with our competitive pricing structure and alternative funding arrangements, means we can deliver high quality, commercial advice, at cost-effective rates to a breadth of clients.

We also have a number of specialist departments, such as corporate and commercial, real estate and charities that work closely with us on corporate restructuring and insolvency issues. We have a deep understanding of the worlds in which our clients operate, so we truly appreciate and anticipate your objectives when seeking advice in an insolvency context.

We act for a wide variety of companies, directors, charities and charity trustees on all insolvency related matters (both pre- and post- insolvency) including:

• advising boards of directors and charity trustees on their fiduciary and statutory duties (particularly in the pre-insolvency “twilight zone”)
• advising on the restructuring processes which may be available
• advising boards and trustees on transactional risk (even when insolvency is not in prospect)
• advice on resisting debt recovery and insolvency proceedings
• acting for directors and trustees on the receiving end of office-holder claims
• providing advice to directors on disqualification proceedings, as well as the ‘phoenix company’ rules under s.216 Insolvency Act 1986

We advise creditors, including financial institutions, lenders, and corporate landlords when default occurs and enforcement becomes necessary, including:

• advising on enforcement of security
• advice on strategies for debt recovery, including litigation to recover the debt and/or commencing winding up proceedings against the debtor
• advising on claims against individual debtors, whether as principal debtor or under a personal guarantee, including bankruptcy proceedings
• advising on potential challenges that can be made to corporate restructuring processes (including Restructuring Plans, Schemes of Arrangements and CVAs)

We act for insolvency office-holders and can advise on all aspects of their appointment, including:

• pre- and post-appointment formalities, including security reviews
• Investigating and pursuing claims for the benefit of the insolvent estate, from straightforward debt and asset recovery actions, to more complex statutory, common law, and fiduciary claims against directors and third parties
• extensive experience of dealing with urgent remedies, such as freezing orders, to protect the assets of the insolvency estate
• defending challenges to office-holder conduct and remuneration
• conducting formal interviews and examinations of directors and third parties

Led by Simon Jerrum, our team provides a partner-led service to a wide range of clients. We always take time to understand your commercial objectives, and work with you every step of the way to ensure a successful outcome.

We provide a competitive pricing structure and are willing to consider alternative fee arrangements in appropriate cases. Combined with our depth of practice and expertise, this means that we deliver the highest quality advice on a personal level and at cost-effective rates.     .

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Charges are usually based on our hourly rates plus administrative charges and disbursements. We’ll provide an initial estimate of your likely legal costs and will update this if your requirements or the circumstances of the work change.