Restructuring & Insolvency

Expert restructuring & insolvency lawyers.

Specialist restructuring & insolvency legal advice

The pace of change in today’s world is disrupting businesses. Markets are increasingly volatile. Industries are evolving at a pace not seen before. The impact of that change can be significant and sudden, to the detriment of companies’ performance and value.

At Foot Anstey, our restructuring and insolvency lawyers can guide you through these challenges and the complexities they create. You can look to us for a responsive and adaptable approach, delivering restructuring and insolvency expertise in a hands on, practical and commercial way.

Our services

Our restructuring and insolvency lawyers specialise in:

  • 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 taking account of liability for wrongful trading, guidance on governance and managing stakeholder conversations.
  • Advising clients on financial restructuring strategies to help stabilise operations and enhance long-term viability.
  • Designing and implementing formal insolvency procedures including administration, liquidation and Company Voluntary Arrangements (CVAs).
  • Advising on corporate insolvency cases where statutory obligations and insolvency law intersect with stakeholder interests.
  • Navigating insolvency proceedings with a focus on value preservation and maximising recoveries.

Why choose Foot Anstey?

For business owners, directors, creditors and other stakeholders, a changing world can result in uncertainty. Will a business be able to continue to trade and meet its commitments from one month to the next? Will it be able to repay money lent to it or provide a return on investment? Will it be able to meet commitments to landlords, suppliers, customers and partners? How will the directors approach competing priorities in a time of challenge and fulfil their directors’ duties and responsibilities.

At Foot Anstey, our restructuring and insolvency lawyers can provide continuous legal support for evolving situations. We can support you through all stages of the demise curve. From the first signs of distress, where we focus on advisory support, turnaround or restructuring, through to formal corporate or individual insolvency, advising on potential claims and asset realisation strategies to maximise value for creditors, we work with you to find the right way forward.

We provide this advice to a wide variety of clients including directors and their boards, lenders, distressed equity investors and turnaround specialists, restructuring and insolvency practitioners (whether administrators, liquidators, trustees in bankruptcy, LPA receivers and supervisors of voluntary arrangements) and creditors. Our services cover everything from global restructuring solutions to bespoke restructuring plans aimed at preserving business continuity.

With our ability to innovate and think creatively, we will work with you and your other advisors to map out the right outcome for you mindful at all times of personal and reputational risk. That could be a managed insolvency process or part of a broader insolvency practice strategy. It could be a restructure with the aim of turnaround. It may involve insolvency litigation to protect your interests. It will always be a bespoke solution, tailored to your circumstances, whether within the UK or as part of a global restructuring initiative.

Our people

At Foot Anstey, we are a team of restructuring and insolvency experts, working across all sectors but with strong experience in retail & consumer, construction, financial services, energy and education.

Our restructuring and insolvency solicitors collaborate closely with clients to develop robust restructuring plans that mitigate risks and ensure compliance with insolvency law and tax considerations. Our restructuring and insolvency lawyers are regularly instructed on matters of national significance involving high-stakes decisions.

Meet our team

Key contacts

What do our clients say?

When dealing with distressed businesses Foot Anstey combine a market leading team of lawyers, who not only have a solid and up to date knowledge of the law but possess a strong ability to apply this knowledge to provide quality, practical and commercial advice. The team react quickly, provide a first rate service to their clients and are a pleasure to work with.

Henry Foster, Chief Executive, Hilco Capital

One of the most effective and responsive legal teams I have worked with. Put simply … Always by your side.

James Sleight, Partner, Geoffrey Martin & Co

Many lawyers know the law but it is a rare skill to be able to apply the law and offer practical and commercial solutions to seemingly intractable problems; Foot Anstey consistently achieve this. The level of support that Foot Anstey’s restructuring and insolvency team offer is unsurpassed and in particular I am always impressed with the speed of their response.

Sam Bailey, Partner, Richard J Smith & Co LLP

Foot Anstey are refreshing in their approach and a cut above.

Chambers & Partners, 2026

They are always pragmatic and commercially focused.

Chambers & Partners, 2026

Frequently asked questions?

A restructuring and insolvency lawyer advises businesses, creditors, and insolvency practitioners on how to manage financial distress, turnaround plans, or formal insolvency processes. They help with:

  • Business restructuring and rescue plans
  • Administration, liquidation, or company voluntary arrangements (CVAs)
  • Debt recovery and enforcement
  • Directors’ duties and risk management during financial difficulty
  • Creditor negotiations and insolvency litigation

Their goal is to minimise loss, manage risk, and achieve the best possible outcome for all parties involved.

In the UK, companies facing financial distress have several formal options:

  • Company Voluntary Arrangement (CVA): A negotiated repayment plan with creditors, allowing the business to continue trading
  • Administration: Provides legal protection while a restructuring plan or asset sale is explored
  • Liquidation: Closes the company and sells assets to repay creditors (voluntary or compulsory)
  • Restructuring Plan: A court-approved arrangement used for complex or large-scale restructures
  • Scheme of Arrangement:A flexible court process to restructure debt, often used by larger businesses

Each route has different legal, commercial, and reputational implications, early legal advice is essential.

Restructuring is a proactive process where a financially struggling business reorganises its debts, operations, or structure to avoid insolvency and return to stability. This may involve refinancing, renegotiating contracts, or entering into a Company Voluntary Arrangement (CVA).

Insolvency means the company can’t pay its debts as they fall due or its liabilities exceed its assets. It may lead to formal processes like administration or liquidation.

In short: restructuring aims to rescue, while insolvency deals with failure, but the two often overlap.

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