A member of our restructuring and insolvency team

Advising Boards of Directors

When your business faces an uncertain future, we’re here to help. Our years of experience of acting in this arena means we can help you navigate the landscape and put you in the strongest possible position for whatever happens next.

Support in the twilight zone

If your business faces the prospect of insolvency and has entered the twilight zone, we’re on hand to support you and your board of directors in navigating a way through.

Our support might include:

  • Understanding the legal duties you have to your creditors
  • Formulating a viable strategy, including dealing with disposals, raising further equity or debt, or engaging with stakeholders to buy more time
  • Working with potential appointment takers to guide a path for the best possible prospect of survival
  • Advising on protection against future litigation by an appointment taker
  • Defending your position in the event you face disqualification proceedings.

Throughout, we’ll ensure we mitigate any personal exposure while also maximising the likelihood of a successful outcome for your business.

Commercial acumen with wide-ranging expertise

Our team has a leading reputation for advising boards of directors at businesses in distress.

We act for directors of companies ranging from listed PLCs to SMEs and have particular experience in key sectors including:

  • Construction
  • Education
  • Healthcare
  • Hospitality
  • Leisure.

Our clients recognise our combination of creativity and commercial common sense, as well as our empathy and understanding at a difficult time.

Recognition of our work

Investors in People

Investors in People

Recommended for Quality

Recommended for Quality

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Hear what our clients say about us

I have worked with Sam now on many turnaround assignments over the last 15 years. I have always found him to be extremely focused and user-friendly with an innate ability to engage successfully with all key stakeholders. I have worked particularly closely with Sam on mid-market manufacturing and retail assignments, as well as large national charities. I would always recommend Sam to directors who need expert legal assistance in navigating difficult times and support with engagement with all stakeholders as they drive towards a successful turnaround.

Dr Mark Taylor Bluesky Associates Turnaround & Transformation Advisory LLP

Sam is great at building relationships, has a strong knowledge of the marketplace and will make introductions to relevant third parties. He is proactive and very commercial, coming up with suggestions and solutions that we hadn’t thought of. Sam doesn’t just focus on the legal documentation, but also uses his mind to find ways forward. He is very down to earth and is never difficult to get hold of. Sam offers a genuine, partner-led approach.

Jo Power FRP (previously ExWorks)

This is the best news, thank you so much. Deanne, you have been wonderful throughout and especially helping me with my serious upset and frantic feelings, you have gone above and beyond anything expected.

I am so grateful for all your kindness throughout this whole process.

Client Winding up petition

They are ready to move at short notice to deliver a great outcome.


Legal 500 2024 – Insolvency and Corporate Recovery

The team headed by Sam Payne is well rounded, pragmatic and cost effective, covering all types of corporate insolvency assignments.

Legal 500 2024 – Insolvency and Corporate Recovery

The team can call on a wide variety of talent. There is plenty of diversity amongst the team and they are solution driven.

Legal 500 2024 – Insolvency and Corporate Recovery

I find the team’s approach to be fast, effective and agile.

Legal 500 2024 – Insolvency and Corporate Recovery

Sam’s excellent understanding of all intricacies of both the financial and insolvency aspects to this administration, and his great team, are why we continue to instruct them.

Damian Webb RSM

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