Restructuring/Insolvency

About

Provided by Lester Aldridge LLP

The team advises on transactions, strategic planning and viability reviews as well as carrying out claims work and other litigation arising on both corporate and personal insolvency matters. They offer responsive, practical, commercial and technical advice to their clients, often in a time-critical manner.

With a primary focus on working with licensed insolvency practitioners, the team advise on strategy and process for their appointments. They provide guidance to ensure full compliance by office holders of their statutory and regulatory duties with a view to maximising recoveries to the insolvency estate for the benefit of creditors. This in turn means that they are well placed to advise those that are owed monies by insolvent entities within the UK as to how to maximise their recovery and the options and strategy for enforcement.

Providing assistance to directors, members and boards as to their duties and responsibilities when their entity becomes distressed, the team provides sensitive and discreet guidance on the options for rescuing the business where feasible or winding up in an orderly manner. Where a company is ceasing to trade but is solvent, the team advises on solvent liquidations and group reorganisations and related transactions.