When your business faces financial pressure, you need clear advice, fast. Our corporate insolvency team helps companies, directors, lenders and stakeholders make confident decisions in the most challenging circumstances. We combine legal expertise with commercial understanding to protect value, safeguard reputations and achieve the best possible outcome.

We provide practical, early-stage guidance to businesses experiencing financial or operational distress. Our aim is to help prevent issues escalating, protect assets and identify the most effective route forward.

Our lawyers work closely with insolvency practitioners, accountants, turnaround specialists and lenders to deliver straightforward, strategic advice at every stage of the insolvency process. Whether you need to rescue a viable business, manage complex creditor negotiations or navigate your duties as a director, we guide you with clarity and authority.

The different options we may explore with you:

Company Voluntary Arrangements (CVAs)

A CVA is a formal agreement with your creditors that allows the company to pay back what it owes over time while continuing to trade. It’s a way of avoiding closure and giving the business breathing room to get back on track.

We work with you to assess whether a CVA is appropriate, help to prepare the proposal, negotiate with creditors and manage the process from start to finish.

Administration and Liquidation

We advise directors, lenders, boards and insolvency practitioners on all forms of formal insolvency, helping you understand your duties, risks and the most effective route forward.

Administration

Administration places the company under the control of an insolvency practitioner who works to protect the business, save jobs and maximise value for creditors. Sometimes this involves selling the business quickly (a “pre‑pack”), sometimes trading it while a longer‑term solution is found.

Liquidation

Liquidation is the orderly closure of a company that can’t continue. Its assets are sold, and the money is shared among creditors. Directors’ duties and risks change at this point, and we help you navigate the process safely and compliantly. Our focus is always on minimising risk and ensuring full compliance with insolvency legislation while giving you clear, practical guidance at every stage.

We guide stakeholders through both compulsory and voluntary winding‑up processes, including asset realisation and creditor distributions.

Director duties

Directors face strict responsibilities in the period leading up to insolvency. We help you understand your duties, reduce personal risk and respond to investigations or claims.

Our specialists regularly advise on: