Corporate Recovery and Restructuring

We are about resolution

Our highly experienced team of insolvency lawyers give you practical and timely advice on corporate recovery and restructuring at what is a critical time for most businesses.

Perhaps your business is having problems coping with its liabilities or recovering money from its debtors? Maybe stresses are showing between colleagues because of low profitability and constant fire fighting? It might simply be that you are worried about your personal liability and responsibilities? Whatever your reason, our lawyers can help you work out a way forward.

Our lawyers advise company directors, partners and other stakeholders on potential strategies and risk management options. We can introduce you to new sources of finance, advise on debt restructuring, and investigate forms of re-financing. We can also implement solvent restructurings, including reductions of capital and share buy-backs.

If refinancing options are not available, there are often formal and informal insolvency processes that can be employed, including administrations, receiverships, company voluntary arrangements and liquidations for companies and LLPs, and, for sole traders and partnerships, individual or partnership voluntary arrangements and administrations.

Where appropriate we will introduce you to, and work closely with, other professionals including insolvency practitioners, to make sure that you receive the best advice.

Experts in corporate recovery and restructuring, insolvency, bankruptcy and directors duties and responsibilities

Our lawyers are here to help you sensitively through what can be a difficult process. Our expertise includes: 

Working with insolvency practitioners

If you are an insolvency practitioner, you need experienced lawyers who make your task easier and more cost-effective. Understanding what you want to achieve, and the importance of practical action when you are running ‘up against the clock’, is key.

We bring together—in one team—property lawyers, employment specialists and dispute resolution experts so that we can give you a service that is as comprehensive as it is seamless. Our well-earned reputation for delivery means that you can count on us to be your partner in corporate recovery.

The team is recommended in Legal 500 for providing sound technical advice combined with a pragmatic and commercial approach.

Our Team


More Knowledge
Coronavirus Job Retention Scheme Extended Until March 2021

On Thursday 5 November 2020, the Chancellor announced that the furlough scheme is to be extended until the end of March 2021. During this period you will be able to claim up to 80% of an Employees salary up to a cap of £2500.

 

Coronavirus Update - CJRS Extended

The Chancellor announced over the weekend that the Coronavirus Job Retention Scheme (CJRS) that was due to end on 31st October will be extended until 2nd December.  The level of support available under the extended scheme will mirror that of what was available under the CJRS in August, with the Government paying 80% of wages up to a cap of £2,500.

Chancellor announces changes to the Job Support Scheme

The Chancellor announced on Thursday 22 October that the Government contribution to employers’ wage costs under the Job Support Scheme (JSS) will be increased. Employers will be expected to pay 5% of the cost of unworked hours instead of the 33% originally announced.

Angel Group Limited and Others

The Angel Group consisted of eight companies, all of which had been placed into administration by a mixture of floating chargeholder’s appointment, director’s appointment and Court Order.

The New Insolvency Rules 2017

The new Insolency Rules will come into force on 6th April 2017.

Timing for Filing the Notice of Conversion from Administration to CVL

Author: Chris Millar

Progress reports are now dealt with in Part 18 of the IR 2016.

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Cobham
Surrey
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Dorking
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