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Insolvency and Restructuring

Business

Our business recovery team are experienced in providing, clear, practical and detailed support to business owners, including board members and shareholders at difficult and challenging times.

We recognise the urgency and have a proven record in delivering timely and tailor-made support. Our business recovery team includes specialist lawyers with excellent reputations from across the firm’s practice areas which include construction, corporate, employment, financing, litigation and real estate 

We can introduce you to our trusted network of insolvency and accounting professionals as and when needed. We can also draw on support from Forbury People, our subsidiary HR consultancy. We care about you and your business and we are here to help. 

“Significant experience in handling large-scale restructuring and redundancy programmes. Clarkslegal is ‘technically excellent but commercial’”

Legal 500

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Read, listen and watch our latest insights

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  • 16 March 2023
  • Employment

Enhanced redundancy packages explained

The first payment to include in a redundancy package is the statutory redundancy payment. This must be paid to all eligible employees and the amount is set by legislation. Other mandatory payments on termination would also include accrued but untaken annual leave and unpaid wages. Some employers, where the contract allows, may make a payment in lieu of notice.

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  • 10 February 2023
  • Restructuring and insolvency

Restructuring and Insolvency – what to expect in 2023

The flurry of economic forecasts over the last few months may reach slightly different conclusions but none give much scope for encouragement. 

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  • 19 December 2022
  • Commercial Real Estate

Commercial Rent Deposits – A brief overview

A rent deposit is money provided by a tenant to its landlord as security for payment of the rent and performance of the tenant’s covenants contained in the lease.

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  • 18 March 2022
  • Employment

Legal implications of P&O Ferries shock firing

The decision to cut 800 jobs has sparked outrage with staff staging sit-ins on the company’s boats and there have been calls from unions for strike across the country – but what are the legal implications of the decision of P&O Ferries?

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  • 22 February 2022
  • IP and Commercial

Director’s duties: A practical example

The ‘General Director’s Duties’ are still seen by many as the pillars of correct corporate governance. Codified in the Companies Act 2006, these duties apply to executive, non-executive, shadow directors and de-facto directo

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  • 21 January 2022
  • Commercial Real Estate

What happens to a sublease when the headlease is surrendered, forfeited or disclaimed?

The intermediate tenant under the headlease falls away and the tenant under the sublease becomes the direct tenant of the superior landlord.

“I worked with Stuart on a matter relating to a mutual client which was suffering financial distressHis calm and pragmatic approach aligned well with my own firm’s values, and he provided huge assistance in guiding the directors through a turbulent time.”

James Hopkirk, Restructuring Director – Kreston Reeves LLP