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Insolvency and Restructuring

Insolvency professionals

Our business recovery team are experienced in providing, clear, practical and detailed support to insolvency practitioners.

Our business recovery team have experience working with accounting and insolvency professionals to assist with the documentation and legalities necessary to complete transactions and support claims including de-mergers, hive ups and share for share exchanges.

Whether the matter is a solvent liquidation or an insolvent re-organisation or disposal, we have the experience to assist with documentation and legalities necessary to complete the transaction.

“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

  • 07 July 2020
  • Commercial Real Estate

Duval Case: Beware the Breach of Covenants

The Supreme Court’s decision in the case of Duval v 11-13 Randolph Crescent Ltd (Duval) is likely to have wide implications for landlords and tenants alike as it concerns the mutual enforceability of tenant covenants which is a standard provision in most modern leases.

  • 22 May 2020
  • Restructuring and insolvency

Corporate Insolvency and Governance Bill

The much anticipated Corporate Insolvency and Governance Bill was published on the evening of 20 May 2020.Running to 238 pages (plus 64 pages of explanatory notes) it builds…

  • 07 February 2020
  • Corporate and M&A

Director’s Duties Can Survive Insolvency Process

In the recent high court case Re Systems Building Services Group Ltd , there was considerable debate and judgement made on whether a director’s general duties, as outlined in section 171 to 177 of the Companies Act 2006, survive a company’s entry into a formal insolvency process.

  • 14 January 2020
  • Corporate and M&A

Lending money to Directors

It is not unusual for a Company to lend money to a director of a Company, nor is it unlawful. However, there are a number of points to consider, including declarations of interest and how this sits with the constitution of the Company and a directors’ statutory duties generally and also the treatment of the loan from a tax perspective – not only for the director but the Company too.

  • 19 December 2019
  • Construction

Construction: looking back at 2019

The past year has flown by, with new projects underway and many developments in technology leading to changes in the way construction companies do business. However, main contractor insolvency has remained at the forefront of industry news. We take a look back at a few highlights in this article.

  • 12 August 2019
  • Construction

Setting up a construction business in the UK: Tips on payment

If you are setting up a construction business in the UK, then one of the most important areas to consider is how to ensure you will get paid for your works without delay. Here are our top tips for getting paid.

“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