Restructuring and insolvency
Getting the right level of professional advice and support which is both timely and decisive is key for any ownership team when faced with difficult situations – the future of your business depends on it.
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’”
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: 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
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 distress. His 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
“Clarkslegal maintains ‘an exceptional balance of expertise and personality‘ in advising large national and international business clients on major projects such as restructurings and TUPE transfers, large redundancy programmes and industrial relations/employee engagement projects.”