Quickly identifying the issues and developing pragmatic commercial solutions
The nature of the current economic climate has resulted in the need for insolvency to evolve to meet the challenges of economic reconstruction. Particular developments include the harmonisation of domestic insolvency laws across the EU and the review of the EC Regulation on Insolvency Proceedings by the European Commission.
To respond to the changing face of insolvency law our restructuring and insolvency group is made up of lawyers from our corporate, finance, and insolvency teams and is further complemented by specialists from our other practice areas including real estate, pensions, employment, projects and tax as and when required. It is the ever flexible nature of the group that enables us to tailor our team to suit your needs.
The team has been involved in many of the recent high profile retail failures and was awarded Insolvency Litigation Firm of the Year at the Insolvency & Rescue Awards 2010.
Areas of expertise include:
The global economic downturn has meant that corporate restructuring is an increasingly major part of our practice. Our work includes all forms of reconstructions – from in-house solvent reorganisations for tax saving to reorganisations designed to avoid formal insolvency.
We can advise the full range of stakeholders on all aspects of formal insolvency including administration, company voluntary arrangements, receivership and liquidation.
Insolvency Dispute Resolution
We can assist you with a range of dispute resolution including the use of solicitors to bring and defending avoidance actions to sanctions against directors and contested debt recovery and winding-up proceedings.
International and Cross Border
Our experience has enabled us to develop particular expertise in this area and have a tried and tested track record of working with select firms in the US, Europe and elsewhere means we can provide a seamless international service.
As well as getting involved when companies are in financial trouble, we also frequently take on solvent liquidations which are often done upon retirement or restructuring or tax planning purposes.