The sums involved in any restructuring – and the impact on stakeholders – can be very significant indeed. Ensuring that proper scrutiny is applied to any restructuring event is of paramount importance to preserve our client’s interests.
We act on behalf of officeholders, creditors, and other affected stakeholders in relation to issues arising from the restructuring of a company or corporate group.
Our restructuring disputes expertise
We can assist where issues arise in relation to non-formal restructuring, schemes of arrangement, company voluntary arrangements, or restructuring plans (under the Corporate Insolvency and Governance Act 2020).
Issues that can arise on a restructuring include questions of fairness in relation to the outcome of the restructuring, whether the restructuring process can or should be challenged, whether parties have taken improper advantage of the process and whether the restructuring has been properly implemented.
We also advise directors and officers in relation to obligations on them arising from a restructuring process, particularly bearing in mind the fiduciary obligations of a director to their company in implementing any restructuring proposal.
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Meet the Insolvency and Asset Recovery team
Our lawyers frequently coordinate claims in multiple jurisdictions. We are experts in obtaining recognition of foreign insolvency proceedings in the UK and UK insolvency proceedings overseas.
Our team has unrivalled experience in putting together innovative costs arrangements.