Search

How can we help?

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

Key contacts

Read, listen and watch our latest insights

art
  • 03 October 2017
  • Construction

Off-Site Goods and Materials: Legal Issues

There is no doubt that off-site manufacture is being embraced by the industry.

art
  • 31 August 2017
  • Corporate and M&A

Directors’ & Officers’ Liability Insurance

We are often asked by directors (both exec and non-exec) of clients about whether their company should have D & O liability insurance in place, and what it does and does not cover.

art
  • 11 August 2017
  • Litigation and dispute resolution

Pre-winding up settlement with director set aside

For a short time, Officeserve Technologies Limited (OTL) made a big impact in the ‘lunch at work’ market. Its director and majority shareholder, CAM, oversaw a rapid expansion to an estimated value of £40 million. However, OTL was unable to pay the instalments due on two businesses it had acquired and in October 2016 was served with a winding-up petition.

art
  • 11 July 2017
  • Construction

Exclusion clauses gain some weight at the Court of Appeal

The Court of Appeal has recently ruled that a clause designed to exclude liability was indeed effective in excluding liability. Unsurprising on the surface, but big news when considered against the narrow interpretation rules of contra proferentem and Canada Steamship that historically limit the effectiveness of these clauses. The decision indicates a move away from such restrictive principles and towards a more natural interpretation of clause wording.

art
  • 10 July 2017
  • Corporate and M&A

Revised Procedure for Debt Claims against Individuals

In April the Ministry of Justice released a new Pre-Action Protocol for Debt Claims which revises the procedure claimants have to follow before suing an individual for an unpaid debt.

art
  • 02 May 2016
  • Litigation and dispute resolution

Does an indemnity for costs in a commercial contract mean anything?

Many commercial agreements contain clauses stating that one party is required to indemnify the other part for legal costs in the event of a breach of contract.

“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