A male restructuring and insolvency solicitor leaning against a wall

Company Rescue

If your business is under financial pressure and it’s affecting your ability to trade, our experienced restructuring and insolvency team has the expertise you need to help you navigate your way through the challenges you face.

The advice, guidance and support you need

We provide practical support on all aspects of company rescue. We’re on hand to engage with your stakeholders and negotiate with your creditors, including setting up schemes of arrangement.

We also advise on:

  • Potential third party investment options, including debt restructuring and financing
  • Your statutory and fiduciary duties, including your duties to your creditors, transactions you should or should not enter, and unlawful dividends
  • The risk of wrongful trading and avoiding potential disqualification as a director
  • Insolvency procedures that could turnaround your business, such as restructuring plans, company or partnership voluntary arrangements, and administrations.

Expertise you can trust

Our team has significant experience on advising businesses in trouble. We work across many different sectors and industries, including construction, defence and security, education, healthcare and tech.

Our national reputation means we are often asked by lenders, turnaround professionals and directors to provide the legal expertise their clients need. As well as our knowledge in this field, we’re also able to call on our colleagues in other teams when a matter requires wider input and expertise.

In short, when you need someone in your corner to help you find your way through, we’re here to help.

Recognition of our work

Legal updates and thought leadership

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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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