Insolvency & Restructuring

Our Insolvency & Restructuring lawyers have a wide range of expertise, enabling us to provide clear, sound and timely advice on the full spectrum of contentious and non-contentious insolvencies and restructurings. The team advises companies, their directors and advisers on issues ranging from the winding up of a company to developing schemes of arrangement to enable the company to refinance.

Examples of the group’s concentration of expertise include:

  • Representation for insolvency work and related fraud, asset recovery and constructive trust proceedings
  • Handling major insolvency and restructuring matters
  • Handling complex and often ground-breaking liquidations, schemes of arrangement and corporate rescues. Working closely with forensic accountants to achieve the best possible return to creditors or shareholders
  • Liquidation of all types of companies and partnerships, both on conventional insolvency grounds and as a consequence of governmental or regulatory action in the ‘public interest’
  • Acting for liquidators, provisional liquidators and other office-holders as well as regularly representing creditors, shareholders and directors in relation to the appointment and removal of such office-holders and claims brought by or against them
  • Advising on creditors’ rights and schemes of arrangement
  • Advising on both solvent and insolvent restructuring
  • Insolvency proceedings relating to mutual funds and hedge funds
  • Cross-border issues, such as the co-ordination of proceedings with Chapter 11 proceedings in the US and the recognition of liquidators and receivers appointed in other jurisdictions

Some recent examples of work include:

  • Advising Barclays Private Bank and Trust Limited in its capacity as corporate director of certain companies in the Belgravia Group, including giving urgent advice on various winding-up and other options available in light of the insolvency of certain of the companies
  • Advising on and obtaining the sanction of the Supreme Court on a solvent scheme of arrangement for Walton Insurance Company Limited, commencing insolvent winding-up proceedings and advising on the liquidation and the operation of the scheme in the context of the insolvency
  • Advising Sea Containers Ltd. on the Bermudian aspects of its restructuring plan and emergence from Chapter 11 bankruptcy, specifically on the incorporation of newly formed Bermuda companies, transfer of assets to the new companies and loan and security documentation