Restructuring & Insolvency Law
We have helped a number of companies to a position of good health.
Restructuring & Insolvency
We are a national team of specialist restructuring and insolvency lawyers, renowned for our depth of expertise and wide ranging experience.
- A leading full-service restructuring and insolvency team with 1,200+ colleagues
- Corporate insolvency law specialists across a wide range of sectors
- Proven success in advisory, refinancing, restructuring and formal insolvency matters
- Named Law Firm of the Year at the Legal Business Awards
- Highly ranked by Legal 500 and Chambers UK for our expertise
Specialists in restructuring and insolvency law
The causes of financial distress are often complex and multifaceted, and a true understanding of the legal complexities surrounding special situations, refinancing, restructuring and insolvency is necessary.
Our pragmatic and user friendly restructuring and insolvency law specialists have in-depth knowledge and real world experience of the challenges you and your business could face. This allows for consideration to be given to all potential issues and options to ensure that the right solution is found. We provide our clients with tailored solutions and comprehensive legal advice to support you and your business to navigate through the most difficult of circumstances and to find the best possible outcomes in times of financial distress.
Our restructuring and insolvency services
Our team of experienced restructuring and insolvency lawyers can provide expert legal support to:
- Corporates
- Boards of directors
- Lenders
- Funds
- Investors / sponsors
- Landlords
- Creditors
- Business purchasers and individuals
- Insolvency practitioners
- Property receivers
Our lawyers are well-versed to assist affected parties with matters involving:
- Restructurings
- Refinancings
- Reorganisations
- Distressed and accelerated M&A (vendor and purchaser)
- Directors' duties
- Security and enforcement options
- Administrations (including pre-pack administrations)
- Company voluntary arrangements
- Fixed charge receiverships
- Solvent and insolvent liquidations
Our restructuring and insolvency experts work to achieve a solvent solution where possible and will collaborate with all stakeholders to achieve the optimum outcome.
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Acting for insolvency officer holders
Our specialists in restructuring and insolvency law draw upon a wealth of expertise across the firm as well as from within the team itself in other areas such as real estate, employment, intellectual property, environmental and tax to assist our clients in both contentious and non-contentious matters.
We are thoroughly experienced in all types of litigation that arises in formal insolvency assignments including transactional avoidance claims, claims against directors and acting generally on behalf of office holders on litigation matters that arise from both corporate and individual insolvencies.
Our sector expertise
Our corporate insolvency and restructuring law experts have a wealth of experience in the hospitality and leisure sectors.
Our team prides itself on thinking outside the box and coming up with creative solutions to meet our clients' needs.
All types of businesses can face financial distress. Our specialists in refinancing, restructuring advisory and insolvency law can help you identify and manage risk and offer tailored legal solutions to work towards the best outcome for your business. Early action is crucial so get in touch with our team today if you need help.
Why choose our restructuring and insolvency lawyers?
When facing financial distress, expert guidance is crucial. Our specialists in restructuring and insolvency law are trusted advisors with a strong reputation for navigating complex financial reorganisations, refinancing and insolvency proceedings. We understand the acute challenges involved, offering customised solutions focused on your objectives, from business rescue to value preservation.
Our client-focused approach means we act as your dedicated legal partners, delivering clear, strategic advice, no matter what challenges your business may be facing. We combine national experience with in-depth knowledge of insolvency law, and we're committed to efficiently managing your case and achieving the most viable outcome.
Here are some of the reasons why you can trust our experts in refinancing, restructuring and insolvency law to help you navigate complex financial matters:
Worldwide asset tracing and recovery
Our team can assist with worldwide asset tracing and recovery, having set the case law on several areas of international co-operation, including representing the first party to obtain interim relief via the United Nations Model Law on insolvency (UNCITRAL)
Dedicated creditor services division
We also have a dedicated creditor services division, which advises unsecured creditors in relation to their position when one of their customers enters an insolvency process
Dual qualified experts
Three of our team are dual qualified as insolvency practitioners as well as being lawyers, having successfully passed the Joint Insolvency Examination Board exams
Recognised for our exemplary services
We're proud to have received a number of awards and recognition in the industry, including high rankings from both The Legal 500 and Chambers UK Legal Guide, as well as being named Law Firm of the Year at the Legal Business Awards 2024
Restructuring and insolvency law FAQs
Our expert in insolvency law, Kevin Pinkerton, Head of Restructuring and Insolvency, explains why you might consider hiring a specialist lawyer to help support your business through matters involving refinancing, restructuring and insolvency:
"Engaging a restructuring and insolvency lawyer is essential for business owners confronting financial distress. Our role extends beyond legal advice. We provide strategic counsel to manage creditor negotiations, ensure regulatory compliance and identify the most effective restructuring solutions. Early legal intervention can significantly mitigate risk, preserve value and safeguard the long-term viability of the business during periods of uncertainty."
In the UK, there are several main formal corporate insolvency procedures:
- Administration
- Liquidation
- Company Voluntary Arrangement (CVA)
- Administrative Receivership
- Strike off
- Bankruptcy
When a company faces financial difficulties, administration and liquidation are two formal insolvency law procedures that can be initiated. While both involve an insolvent company and the appointment of a licensed insolvency practitioner, their objectives and outcomes are distinct.
Administration: A process to try to save or restructure a struggling company so it can keep operating or be sold as a going concern.
Liquidation: A process to close the company by selling all its assets and paying off creditors, after which the company is dissolved.
Pre-pack administrations are an insolvency procedure where a company arranges the sale of its business or assets before formally entering administration. Once the company goes into administration, the pre-agreed sale happens almost immediately. This process aims to maximise the value of the business, protect jobs and ensure continuity, often avoiding a lengthy and damaging insolvency process.
Testimonials
"The team have depth of expertise across all levels of qualification. They benefit from good training and knowledge sharing resources and matters a...
The Legal 500, 2025
"Efficient, cost-effective and dynamic with a full-service offering, allowing for a robust and comprehensive set of guidance to be provided at all...
The Legal 500, 2025
MA
“Leo and his team at Freeths act for The Big Table Group. I have had a longstanding relationship with Leo including my present role as Director of...
Matt Ainger, Property Director
Big Table Group
MG
“Freeths LLP have been our long term legal partner providing expertise and professionalism in handling both our everyday needs as well as supportin...
Mark Grunnell, Co-founder and Chief Executive
Red Oak Taverns
KA
“I have worked with Leo since April 2021 and he has provided me with inciteful and commercial support which can only come from someone who understa...
Kamran Aziz, Managing Director
RedCat Pub Company
HS
"Peach Pubs grew through acquiring freeholds and leaseholds (both private and pubco) over 20 years. Freeths became part of our success in the la...
Hamish Stoddart, Co-founder
Peach Pub Company
PD
“Leo and all of the team at Freeths are undoubted leisure sector specialists and are both commercial and pragmatic in their advice. They are able...
Phil Derbyshire, Group Property Director
The Restaurant Group Plc
RM
“Partnering with Freeths has provided us with invaluable support for our property activities. Their expert guidance and seamless service have prove...
Richard Maslin, Property Director
The Liberation Group
JD
“We have worked with Freeths for well over a decade for matters concerning our wine business and wine bars and restaurants, and are consistently im...
James Davy, Chairman
Davy’s
GB
"I have worked with Freeths for over two decades, firstly as an advisor alongside them when acting for a client, and more recently as the principal...
Graeme Bunn, Property & Acquisitions Director
Red Oak Taverns
TD
“Leo and his team at Freeths act for BKUK Group Limited and have done so since the inception of the business in its current form in 2017. I have ha...
Tim Doubleday, CFO
BKUK Group Limited
NB
“Freeths has provided unrivalled legal advice to our portfolio businesses in the pubs sector for many years. Their team regularly goes above and be...
Noah Bulkin, Managing Partner
May Capital
JL
“I have used Freeths for many years now, both on property and transactional matters. There are many reasons that I have used them so much, but top...
John Leslie, Chairman
Oakman Inns
PM
"The Late-Night sector has had some particularly difficult trading conditions over the last year, which meant unfortunately we had to take on board...
Peter Marks, Chairman
Neos Hospitality
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Whatever your legal needs, our wide ranging expertise is here to support you and your business, so let’s start your legal journey today and get you in touch with the right lawyer to get you started.
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