Corporate recovery and insolvency

Getting businesses back on their feet

Our corporate recovery and insolvency team are specialist corporate recovery lawyers who are able to draw upon our property, employment, IP and dispute resolution teams to help businesses survive in these difficult financial times.

We support the rescue, recovery and renewal of businesses, partnerships, charities, trusts and estates by identifying and helping to deliver strategies to achieve the best possible outcome for our clients.  Where this is not possible then we are able to advise you on the various insolvency regimes available.

We advise on a wide range of issues facing clients including:

  • Employment - redundancy, varying contracts, transfer of undertakings (TUPE), consultation etc
  • Property - liabilities under leases, surrender, rent review etc
  • Cash flow - how to maximise recovery against non paying customers
  • Dealing with customers who have gone into liquidation, administration or company voluntary agreement (CVA)
  • Restructuring / selling the business
  • Accessing alternative sources of funding
  • Administrations (which might provide the company with a period of respite)
  • Directors duties
  • Directors disqualification proceedings
  • Personal liability – guarantees, trading whilst insolvent (wrongful trading)

We have particular expertise in advising directors and trustees of their duties and the specific risks that they may face during an economic downturn.  We help to plan how to minimise the risk of personal liabilities and to deliver strategies to work with their suppliers, creditors, banks, landlords, employees and other interested parties in a sensible and co-ordinated way with the aim of achieving the best possible outcome. 

We specialise in commercially-aware advice both now and for the future, which is why we work closely with our clients’ other advisers, such as accountants, banks, alternative funders, insolvency practitioners and other professional advisers.

For further information about corporate recovery and insolvency, please contact:  Malcolm Sadler, partner and head of commercial, or Duncan Crine, partner in dispute resolution.

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