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Business Insolvency and Restructuring

Directors duties

When a company is facing financial difficulty, its directors must also consider the interests of the company’s creditors. Failure to do so can lead to the directors incurring personal liability for wrongful trading or misfeasance.

Our business recovery team are experienced in providing, clear, practical and detailed support to insolvency practitioners, 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 to insolvency practitioners, plus owners and management teams alike. 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

Key contacts

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Employment Rights Bill – Get your tailored action plan now!

The Employment Rights Bill is a major piece of legislation which significantly overhauls worker’s rights.

“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