Frank Bouette

Practice Areas

Restructuring and Insolvency

Career

Frank is recognised as an expert in restructuring and insolvency law, and one who provides decisive practical solutions. He is an experienced and highly regarded restructuring & insolvency lawyer.

Frank’s experience is in transactional and contentious insolvency, acting for lenders, investors, creditors, directors, OMBs, borrowers and office holders on a wide range of transactions. He often represents a wide range of well-known firms in the market.

He specialises in providing managed solutions in financially distressed scenarios to assist OMBs, companies, directors, lenders, investors and other stakeholders, as well as insolvency office holders.

He makes it his business to understand and explore the needs and ultimate aims of clients, before delivering clear advice and practical solutions.

His particular strengths are assisting lenders and investors with managed exits from distressed lending / investments in a way that minimises losses and (where possible) preserves viable businesses; and assisting OMBs and directors navigate choppy waters and minimise their personal risks while trying to safeguard their business.

Frank has particular experience assisting with the restructuring of care homes & dental practices and assisting with financial distress in the education and charities sector.

Work Highlights

Leading the team advising the administrators of a chain of dental practices, including dealing with a split sale of the practices, CQC related issues and addressing and formulating a strategy to deal with complex data protection issues surrounding the transfer of sensitive personal data (medical records).

Advising the trustees in bankruptcy of a bankrupt multi-millionaire property developer (who appeared on Channel 4’s Secret Millionaire), and in particular assisting dealing with complex divorce proceedings the Bankrupt was mid-way through when he was declared bankrupt and his interests in various properties in the portfolio held in his wife’s name (circa 140 properties), as well as dealing with various third party claims to security over them.

Advising the charity trustees of a long established an educational charity that provided training courses to the senior school leaders under contract with the DfE upon conducting an orderly wind down and closure. Advising on termination of contracts with the DfE, the position as regards the charity’s pension scheme and assisting with tactics and planning. Considering CVL vs MVL given uncertainty as regards various key asset values and contingent liabilities.