Our restructuring and insolvency practice handles a wide variety of instructions for a diverse client base encompassing creditors, debtors, accountancy firms, insolvency practitioners and turnaround professionals. We believe our offering differentiates us in the following ways:

Breadth of expertise: In tune with the wide-ranging requirements of our varied client base, we handle high-profile company-side work for creditors and debtors as well as other stakeholders. We undertake the full range of stressed and distressed advisory work including advising on operational and financial restructuring and turnaround. Our expertise covers the entire restructuring toolkit ranging from schemes of arrangement through to administrations, company voluntary arrangements, receiverships and liquidations.

Strong relationships among financial sector clients and turnaround professionals: We have very strong relationships with a number of major banks dealing with distressed situations. In addition to handling complex mandates for these clients, our restructuring team provides regular training to the "high risk" groups at leading banks. We also work very closely with leading restructuring accountants including AlixPartners, Alvarez & Marsal, BDO, FRP Advisory, Grant Thornton, Interpath, PwC, and Teneo and leading turnaround professionals. These relationships mean we are often sought out at a very early stage by investors and corporates who want to avoid insolvency and create equity value.

Complex cross-border work: We have significant experience in high profile cross-border mandates. Our cross-border expertise has grown partly due to our ability to leverage our flourishing international office network, which now includes restructuring specialists in our European practice. Our network of UK offices enables us to move work around to where it can be handled with the greatest efficiency.

Sector expertise: We have considerable expertise in a range of key areas that are presently encountering difficulties, such as the retail, financial services, digital business, energy & renewables, real estate & infrastructure, and leisure & hospitality sectors.

Experience

Bonmarché

Acting for FRP Advisory in their capacity as administrators in relation to both the continued trading of the 318 store...

Mothercare

Advising TEAL Group, owner of Early Learning Centre, on contingency planning and continuing to trade from Mothercare...

Thomas Cook

Acting for a FinTech company and, separately, an international IT service and consulting company, on contingency...

Carillion

Advised a key funder on the liquidation of Carillion Services Limited and Carillion Construction Limited. Work involved...

Agent Provocateur

Acting for AlixPartners and lenders  on the  appointment of administrators and  sale to an entity after a highly...

Monarch Airlines

Advised a longstanding European client who provided merchant acquirer (credit card) services to Monarch and who is...

Swoon Editions

Acting for lenders in relation to a pre-packaged administration and debt for equity swap in the purchasing entity.

Cox & King's Travel

Acting for the administrators from KPMG on various issues arising on their appointment and sale of the business to...

Bell Pottinger

Advised the purchaser on multiple issues and the related documentary aspects arising from their acquisition of Bell...

Pulse Flexible Packaging

Acting for the administrators of Pulse Flexible Packaging Limited from KPMG, the former operator of two manufacturing...

Television Versioning & Translation (TVT)

Acting for the secured creditor and administrators from FRP on the trading, funding by broadcasters and later sale of...

Rcapital / AirHop

Acting in respect of Rcapital's purchase and restructuring on the AirHop business, including the German operations.

Saltrock Surfwear

Acting for the administrators from KPMG on their appointment and sale of the business to Crew Clothing.

The Oxygen Freejumping group of companies

Advised the companies on their options, and the directors on their duties, in light of the financial difficulties being...

Countrywide Farmers PLC

We were instructed by the Pension Protection Fund to advise upon the pension fund trustee security and the appointment...

Heathside Preparatory School

Acting for the secured lender and administrators from FRP on all issues relating to their appointment and the sale of...

Protec Group

Acting for FRP as administrators of  a large business with a French parent that entered into French Conciliation...

The Green Deal Finance Company

Advised in connection with various Green Deal Providers that have become insolvent and with the liquidation of the...

Alitalia Airlines

Acted for the UK liquidators from PWC and dealing successfully at trial with a reported case on the co-operation between...

Directors' duties issues

Extensive experience prosecuting cases pursuant to the Company Directors Disqualification Act. Acted for defendants...