Restructuring and insolvency

Acting for FRP Advisory in their capacity as administrators in relation to both the continued trading of the 318 store womenswear retailer, and the planned disposal of the business.

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

Acting for a FinTech company and, separately, an international IT service and consulting company, on contingency planning and then continuing to supply Thomas Cook following its compulsory liquidation.

Advised a key funder on the liquidation of Carillion Services Limited and Carillion Construction Limited. Work involved contingency planning and working closely with projects, litigation and finance lawyers as well as negotiations with lenders and agreeing continued trading arrangements/ payments with the Special Managers in respect of hospitals and other strategic sites.

Acting for AlixPartners and lenders  on the  appointment of administrators and  sale to an entity after a highly competitive process with repayment to the main secured lender in full.

Advised a longstanding European client who provided merchant acquirer (credit card) services to Monarch and who is therefore a major creditor of various group entities.

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

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

Advised the purchaser on multiple issues and the related documentary aspects arising from their acquisition of Bell Pottinger's business in the Middle East.

Acting for the administrators of Pulse Flexible Packaging Limited from KPMG, the former operator of two manufacturing sites. Our cross-disciplinary team successfully negotiated terms with key customers and advised on continued trading, as well as the sale of the business and assets.

Acting for the secured creditor and administrators from FRP on the trading, funding by broadcasters and later sale of the content and related services business with trading operations and sales of business in AsiaPac.

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

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

Advised the companies on their options, and the directors on their duties, in light of the financial difficulties being experienced by the group plus later aspects for investors. We also supported them throughout an accelerated M&A process and advised certain group companies which did not enter administration on wind-down plans for those entities.

We were instructed by the Pension Protection Fund to advise upon the pension fund trustee security and the appointment of fixed charge receivers over the large property portfolio owned by Countrywide following the administration.

Acting for the secured lender and administrators from FRP on all issues relating to their appointment and the sale of the business to a competitor as a going concern.

Acting for FRP as administrators of  a large business with a French parent that entered into French Conciliation Proceedings and dealing with all cross-border issues plus the later sale of the business.

Advised in connection with various Green Deal Providers that have become insolvent and with the liquidation of the former parent company of the group following its sale.

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

Extensive experience prosecuting cases pursuant to the Company Directors Disqualification Act. Acted for defendants involved in defending claims and directors faced with misfeasance claims, including issues concerning the delivery of documentation and information.