Insolvency & Restructuring Advice
Our expert insolvency lawyers advise clients from cradle to grave. This begins with looking at the implications or risks of insolvency law when devising corporate vehicles or holding structures, suggesting alternative structures, advising on the giving and taking of security through to advice on orderly wind downs, insolvency processes and shareholder disputes.
We advise clients on their rights and obligations with respect to insolvent entities and assist in minimising the impact of other parties’ insolvency on them. We advise company directors throughout the life cycle of a company in respect of their duties to the company, members and creditors.
Our experienced team provides reviews of security held by lenders; advises lenders, corporate and individual clients and creditors on the options for placing either themselves or a third party into a formal or informal insolvency process (such as a CVA); advises insolvency practitioners on the validity of their appointments (and the nature and extent of their duties and powers); and drafts and negotiates sale agreements for administrators and purchasers of distressed assets or companies.
With our international experience we also advise on cross border and jurisdictional issues.
Experience
- Advising an administrator in relation to his appointment and the subsequent sale of the business and assets of an invoice discounting platform.
- Acting for the purchaser of a chain of approximately 100 retail outlets and concessions from an administrator, and separately, the intellectual property of a live and on demand video website.
- Acting for administrators in relation to the sale of a significant plot of land and commencing injunctive relief proceedings to clear off any claims to an interest in the land.
- Advising the directors of a property developer client who wished to streamline their holding structures without falling foul of their duties under the Companies Acts or the Insolvency Act.
- Advising a pension fund in respect of their rights and remedies against an insolvent participating employer in default for circa £150m.
- Provision of urgent advice and successful making of an application for a wide ranging validation order which saved a company from imminent failure.
- Advising a property client in respect a CVA proposal by their tenant and whether they were unfairly prejudiced by its terms.
- Advising an investor on exit options for a business including CVA and scheme of arrangement.
- Advising construction clients on the impact of insolvency in their supply chains in order to protect the progress of ongoing developments.
