Our Insolvency and Business Recovery team draws expertise from across the firm including corporate, real estate, litigation, employment and tax.  The team advise companies, directors, individuals, insolvency practitioners, other lawyers and intermediaries, on substantial insolvency issues and disputes within the UK or internationally.  The team also helps to formulate restructuring strategies for companies in financial difficulties.

Our services include:

• Administrations and Liquidations
• Restructuring and reorganisations
• Refinancing
• Litigation, disputes and claims
• Acquisitions from and by administrators
• Voluntary arrangements
• Directors duties and disqualification

Recent experience advising:

• a liquidator of a travel company in a claim against auditors for overstating the company’s solvency prior to it entering into administration
• a supervisor of a collective individual voluntary arrangement in defending forty negligent mortgage valuation claims settled at mediation
• a supervisor of a company voluntary arrangement and successfully resisting a challenge to the amended scheme by a creditor acting with ulterior purpose
• a trustee in bankruptcy and setting aside a disposition of real property by the debtor to family members in contravention of Section 284 of the Insolvency Act
• ADDleisure Plc, an AIM listed provider of leisure, health, fitness and wellness products and services, on a corporate restructuring and financing including the administration of two subsidiaries (ADD Wellness Holdings Ltd and Movers & Shapers Ltd) and a facility from BUPA Finance Plc
• Administrators, MCR, on the administration of the UK restaurant chain Chillies and Maggiano’s owned by a major US restaurant chain and on the ongoing conduct of the administration
• Cork Gully LLP on the sale of a theatrical scenery business in liquidation to a newco controlled by the company’s existing management
• Entrepreneur Leo Caplan, on his acquisition of two of the UK’s premier kitchen and furniture businesses - Smallbone of Devizes and Mark Wilkinson Furniture from administrators PWC via a Newco vehicle.  FSI also advised on all related post acquisition property work including the operation of licences to occupy and coordinating the negotiation and transfers of leases
• Gordon Brothers Europe on the acquisition of a retail jewellery chain
• Joint Administrators, MCR and David Rubins & Partners LLP, in the administration and sale of the business and assets of Wavetrend UK
• MCR on the administration and sale of recruitment business CIP Recruitment to a Newco controlled by CIP's existing management
• Smith & Williamson, liquidators of Land Heritage Ltd which was one of the largest land banking operators in the UK