Our Restructuring and Insolvency Team helps businesses and stakeholders impacted by disruptive change.
We advise at all stages of the demise curve, from the first signs of distress, where we focus on turnaround or restructuring, through to formal insolvency and asset realisation strategies where we maximise value for creditors.
We know that the pace of change in today's world is disruptive for businesses and the impact of change can be significant and immediate, detrimentally affecting operational performance and value.
But we aren't here just to offer you commentary. We are here to offer you solutions.
We distinguish ourselves through our responsive and adaptable approach delivering technical advice in a practical, commercial way, with an ability to innovate and think creatively in order to deliver the best solutions for our clients.
We provide this advice to a wide variety of clients including: directors and their boards, lenders, insolvency practitioners, creditors, distressed equity investors and turnaround specialists.
Working across all sectors, we have strong experience in retail & leisure, construction, financial services, energy and education.
A market leader in financial services
A market leader in the financial services sector, since the start of the special administration regime in 2011 our team has acted for special administrators of four investment firms and creditors impacted by two other special administrations.
Advisors to boards and directors
Advising and supporting boards and individual directors across a broad range of sectors in relation to all aspects of their duties and responsibilities when trading in stressed or distressed circumstances.
Administration and liquidation expertise
Advising administrators, liquidators and supervisors on all aspects of their appointments, including ongoing trading, the sale of business and assets and asset recovery litigation to ensure the delivery of value to creditors.
Strategic advice for creditors and stakeholders
Advising stakeholders and creditors on risk and exposure to businesses in financial difficulty, supply chain and customer trading issues, proactively asserting security and quasi-security rights (such as retention of title provisions and liens), settling claims and acquiring businesses and assets from insolvent companies.
Navigating investment risks and financial exposure
Acting for distressed funders on the acquisition of debt, equity or trading businesses and investing in or lending to stressed or distressed businesses; providing ongoing support to manage the investment or exposure.
Claims against directors
Pursuing and/or defending claims against former directors for wrongful trading, misfeasance, fraudulent trading and voidable transactions such as preferences and undervalue transactions.
Personal insolvency advice
Acting for trustees, supervisors, debtors and creditors on all aspects of personal insolvency.
Meet The Team
What our Clients Say About Us
A team that ‘punches significantly above its weight’ in contentious and non-contentious insolvency matters. Legal 500 2019
"We receive an excellent, partner-led service." Chambers 2019
Department head Joanne Rumley acts for creditors, equity investors and insolvency practitioners on all manner of restructuring and distressed finance situations. "She always offers us high-level technical support and makes complex matters easily understandable." Chambers 2019
Steven Richards regularly handles commercial and financial services disputes. He is "sensible and gets down to the real focus of the issue." Chambers 2019
Tim Pritchard is recommended for his expertise with regard to insolvencies in financial services institutions. "He is extremely capable and technically proficient." Chambers 2019
We hold a number of key positions with industry bodies, ensuring we are at the forefront of developing and influencing both legislation and wider restructuring and insolvency policy:
- Director of Turnaround Management Association UK ("TMA") and Board Sponsor for TMA Network of Women
- Director/Council Member of the Insolvency Lawyers' Association and Member of the Technical Committee
- Association of Business Recovery Professionals (R3) – Committee Member for South West and Wales
- Founder Member of TMA NextGen, Bristol
- Licenced Insolvency Practitioner
- Member of the Association of Property and Fixed Charge Receivers