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Many businesses of all types and sizes experience financial distress or difficulty. It is typically the extent of the financial distress that determines what is the most appropriate support and restructuring or insolvency mechanism and so the sooner action is taken, the more options are likely to be available.

Profitable businesses can also be adversely affected by a number of external factors, such as a customer in financial distress or which has gone into an insolvency process, or is trading irresponsibly. 

Navigating these situations can be extremely challenging and selecting the right legal partner, with specialist experience, is a key determinant of the outcome for all parties.

We have one of the leading business support and insolvency teams outside of London, consistently ranked Band 1 by Chambers and Partners and the Legal 500.

Our approach

Our lawyers combine legal expertise with intelligence, pragmatism and commercialism to create options, identify bespoke solutions and achieve the most favourable results for our clients.

We are solution-led and specialise in helping under-performing and distressed businesses return to profitability.

We regularly work with licensed insolvency practitioners appointed by creditors or the directors of a distressed company. We also provide our services to lenders, directors, business stakeholders and other third parties affected by business insolvency.

We work across the full spectrum of insolvency assignments and undertake both contentious and non-contentious work, advising on both corporate and personal insolvency matters.


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Who we help

We advise licensed insolvency practitioners, lenders, directors and other business stakeholders both in the UK and overseas. We also assist third parties affected by business insolvency, such as suppliers and landlords. Our extensive client list includes Grant Thornton, Smith & Williamson, Interpath Advisory, Begbies Traynor and Quantuma.

We also act for individuals affected by insolvency issues, whether personally or in connection with third parties.

The team is very efficient, technically knowledgeable and commercially focused on achieving the best outcome.

Client, Chambers and Partners

The insolvency team has a network of overseas associates who they can call upon when there are insolvencies with assets in different jurisdictions. Very practical and willing to continue to work on a case even with uncertain assets, continuing to give it their full attention.

Client, Legal 500

The insolvency team offers a very broad range of services and a completely joined up offering. They have depth and quality and huge experience within the team. Wide ranging knowledge of the subject. Offering innovative solutions.

Legal 500, 2023

Have a wide area of expertise, always able to answer/respond quickly to questions. An effective team which is highly responsive and pays close attention to detail. Phil Smith and Ollie Fitzpatrick are very personable and work well together.

Legal 500, 2023

Key contacts

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