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Restructuring and insolvency lawyers in London & Thames Valley

Every business can experience financial difficulty, whether it be due to changing economic conditions, unforeseen events, simple misjudgement, or even major mismanagement.

Getting the right level of professional advice and support that is both timely and decisive is key for any ownership team when faced with difficult situations – the future of your business depends on it.

Why choose our restructuring and insolvency lawyers?

  • Our business recovery team is experienced in providing clear, practical and detailed support to insolvency practitioners, business owners, board members and shareholders at difficult and challenging times.
  • We build trusted relationships with our clients where you can rely on us to be proactive and find a solution that works for you.
  • There are no hidden fees and, at the point of initial contact with your lawyer, you will be advised what the job will cost.
  • The benefits of working with a full-service law firm. We can provide clients with a uniquely broad spectrum of services and offer tailor-made legal solutions to best suit your business requirements.

By choosing Clarkslegal, you can be assured that you will benefit from a professional and thorough service that will follow your needs and requirements closely, ensuring the whole process runs as smoothly as possible.

What services do our restructuring and insolvency lawyers offer?

Our specialist restructuring and insolvency lawyers provide expert guidance. Here are a few of the services we offer to businesses:

  • Formal insolvency proceedings.
  • Restructurings through advising on sale and asset transfer agreements to support buying assets and goodwill from insolvency appointees, including assisting with voluntary liquidations.
  • Advising on the enforceability of secured lending and personal guarantees.
  • Directors’ duties.
  • Advising landlords and tenants on how to deal with insolvency events during the lifetime of a commercial lease.
  • Transfer of Undertakings (TUPE) and what it could mean for your business.

Here are a few of the services we can provide corporate insolvency solicitors with expert assistance with:

  • Putting in place documentation necessary to give effect to corporate restructures, including de-mergers, hive ups and share for share exchanges.
  • Auditing a company’s intellectual property
  • Clear, practical and jargon free support so that you can get to grips with TUPE and manage the process and expectations of those affected.
  • Recovering property.

One of the team members would be happy to have a confidential conversation with you to discuss any concerns you may have with your business or to assist with preventative measures.

“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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  • 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.

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  • 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.

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  • 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.

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  • 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.

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  • 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.

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  • 07 April 2016
  • Restructuring and insolvency

Bribery Act 2010 bites…….

It was widely reported, earlier this month, that a Scottish company, Braid Logistics (UK) Limited, had agreed to pay some £2.2m to the Crown Office and Procurator Fiscal Service’s civil recovery unit by way of an agreed civil settlement, having accepted that it had obtained business through unlawful conduct.

“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

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. 

Legal 500