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Insolvency & Restructuring

At Harrison Drury, we work closely with insolvency practitioners, businesses in financial distress, creditors and other stakeholders in relation to both contentious and non-contentious insolvency issues.


We assist distressed businesses at the pre-insolvency stage by advising on their insolvency, restructuring and reorganisations options, advising directors on their obligations and duties in order to reduce the risk of them incurring personal liabilities, debt recovery and negotiating with creditors. We also advise other affected parties on the nature and effect of insolvency.


We draw on the experience of our corporate and commercial, commercial property and employment teams to provide complete and seamless advice to insolvency practitioners and other stakeholders, including in the following areas:

  • Disposals of assets by insolvent companies, including pre-packaged sales
  • Acquisitions of assets from insolvent companies
  • Disposals of distressed properties
  • Drafting documentation in relation to insolvency appointments and processes and advising insolvency practitioners on their conduct and other issues
  • Advising on employment issues in an insolvency context, including on TUPE  and redundancy advice
  • Reviewing contracts

Insolvency Litigation

We have extensive experience of dispute resolution in relation to insolvent and distressed companies.

This includes debt recovery and general dispute resolution, such as contract and negligence actions, but also the following specialist areas:

  • Claims against directors for antecedent transactions, such as preferences and transactions at an undervalue, misfeasance, wrongful and fraudulent trading
  • Advising directors on claims and disqualification proceedings
  • Asset recovery, including freezing and seizure orders
  • Book debt recovery
  • Advising landlords of insolvent companies
  • Retention of title claims and enforcing security
  • Restoring companies to the register to allow assets to be realised
  • Statutory demands – service and dealing with applications to set aside
  • Presenting and defending winding-up and bankruptcy petitions

We appreciate that funding can often be an obstacle to pursuing claims in insolvency situations and in appropriate cases we will therefore consider whether services can be undertaken on a contingent basis with no upfront cost to you. In all cases, we will offer detailed costs advice at the outset and can in many cases act on a fixed fee-basis.

Whatever the issues to be dealt with, we offer clear, practical advice and from an early stage set out a road map to make it possible for clients to achieve their objectives in the most effective and efficient way possible.

Insolvency and Business Recovery Team

Latest Insolvency and Business Recovery News


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How we handle your personal data

The General Data Protection Regulation (GDPR) gives you more control over how companies like ours use your personal information and makes it quicker and easier for you to check and update the information we hold about you.

As part of our service to you, we will continue to collect, use, store and share your data safely and securely. This doesn’t require any action on your part.

For more detailed information view our Privacy Hub