Services

Restructuring and Insolvency

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.

For business owners, directors, creditors and other stakeholders, the result can be 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.

Directors’ Duties

The team specialises 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.

Three people sitting together in an office

Why choose Foot Anstey

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.

You can look to us for a responsive and adaptable approach, delivering restructuring and insolvency expertise in a hands on, practical and commercial way.

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.

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. It could be a restructure with the aim of turnaround. It will always be a bespoke solution, tailored to your circumstances.

Our People

We are a team of restructuring and insolvency experts, working across all sectors but with strong experience in retain & consumer, construction, financial services, energy and education.

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Key Contacts

What 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

The firm provides a very high-quality, partner-led service.” A source adds: “They absolutely ‘get it’ – they think of things I have never even thought of and map them out effectively.

Chambers 2020

“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

Insights

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