Insolvency and corporate recovery in North

Ward Hadaway

Ward Hadaway fields a dedicated team for insolvency-related work, but is also able to collaborate with the firm’s banking, property and employment departments. Department leader Steven Petrie is a standout practitioner in the area of personal insolvency, where he acts for a mix of mid and top-tier insolvency practitioners, directors, landlords and private individuals. Jane Garvin focuses her practice on corporate advisory and transactional work, and also has experience acting for clients on both sides in asset recovery claims.

Practice head(s):

Steven Petrie

Other key lawyers:

Jane Garvin; Laura Keegan

Key clients

Mazars

RSM

Baker Tilley Creditor Services

KPMG

Begbies Traynor

Grant Thornton

Griffins

Smith and Williamson

FRP

Womble Bond Dickinson (UK) LLP

Drawing on the expertise of Womble Bond Dickinson (UK) LLP’s national network, the Newcastle-based department stands out  for its contentious and non-contentious work relating to both personal and corporate insolvency. The practice is active in the firm's traditional areas of strength, such as chemicals, manufacturing, leisure, healthcare, retail, energy and the public sector. Julian Gill heads the team on the non-contentious insolvency side, and also shares leadership of the asset recovery group with Peter Maxwell. Sally Dallow takes the lead in acting for The Insolvency Service on public interest matters, including investigations as well as issuing winding up petitions against live companies.

Testimonials

The team exhibits an excellent, broad insolvency knowledge and is extremely good at applying this knowledge to specific insolvency situations in a timely manner.

The individuals I work with are excellent because they have a great skill in applying their insolvency knowledge to practical situations. Julian Gill is particularly adept in this regard.

Key clients

Lloyds Banking Group

Santander

FRP Advisory LLP

RSM UK Group LLP

KPMG LLP

PwC

Begbies Traynor

Grant Thornton (UK) LLP

KSA Group

The Insolvency Service

Mazars

Moorfields

Work highlights

  • Acted for the Secretary of State for Business, Energy and Industrial Strategy in successfully winding up UK and overseas companies on public interest grounds, following investigations by the Insolvency Service.
  • Acted for the Secretary of State for Business, Energy and Industrial Strategy in relation to a significant number of disqualification proceedings brought against the directors of failed companies.
  • Advised FRP Advisory LLP,  the administrators of the Humber Electrical Engineering Company, on the appointment and the sale of certain business and assets of the company, including the granting of a licence to the buyer to complete work in progress on the company’s premises.

Clarke Mairs LLP

Clarke Mairs LLP maintains the strength of its insolvency offering, which has been the firm's core focus since its inception. Founding partners and practice co-heads Susan Mairs and Paul Rushworth have unparalleled experience in the contentious insolvency space, where the team recently acted for the liquidator in Wallace v Wallace, a case raising questions concerning the extraterritorial scope of section 236 of the Insolvency Act 1986. While contentious work forms the backbone of its practice, the team is increasingly active advising creditors on non-contentious mandates.

Practice head(s):

Paul Rushworth; Susan Mairs

Testimonials

The team has very strong technical knowledge in corporate insolvency, which is coupled with a commercial attitude and a practical approach to dealing with issues.

Paul Rushworth is very approachable and brings strong knowledge to each situation. Paul is also prepared to think outside the box.

Key clients

Philip Wallace

Work highlights

  • Acting for Philip Wallace, applicant liquidator of Carna Meats (UK) Limited, on an application against the company’s bookkeepers based out of the jurisdiction in Ireland for delivery up of company books and records under section 236 of the Insolvency Act 1986.

Muckle LLP

Muckle LLP’s restructuring and insolvency practice is led by Kelly Jordan, whose experience encompasses a wide range of transactional corporate recovery work. The team is regularly instructed by insolvency practitioners in relation to complex pre-pack administration processes. It is equally well equipped to assist distressed businesses and secured lenders with debt recovery issues. Team members also act on matters combining insolvency and restructuring with elements of property, employment, and banking and finance law.

Practice head(s):

Kelly Jordan

Key clients

RSM Restructuring Advisory LLP

RMT

FRP Advisory LLP

Begbies Traynor (Central) LLP

Baldwins Restructuring & Insolvency

Leather Matthews Restructuring LLP

Northpoint Associates

KPMG

Work highlights

  • Advised Hays Travel on its acquisition of over 550 Thomas Cook stores and certain associated assets across England, Wales, Northern Ireland and Scotland, from the liquidator of Thomas Cook.
  • Advised RSM Restructuring Advisory on the pre-pack sale of the business and assets of Cotswold Manufacturing (in administration).
  • Advising FRP Advisory LLP in relation to various matters arising in the liquidation and the former administration of Warm Zones CIC.

Short Richardson & Forth

A popular choice among insolvency practitioners and defendant directors, Short Richardson & Forth finds itself at the forefront of contentious insolvency. Of particular note, the practice has extensive experience in complex investigatory work. Another current focus for the group is bringing claims against banks which have acted negligently – an area of increased activity due to the UK Supreme Court’s recent finding in relation to the Quincecare duty of care. The ‘team of brilliant lawyers’ is under the leadership of Tim Berg, who is ably assisted by associate Alexandra Withers.

Practice head(s):

Tim Berg

Other key lawyers:

Alexandra Withers

Testimonials

Impressive industry knowledge

The team is very professional and knowledgeable in the field of liquidation.

A team of brilliant lawyers with whom I really enjoy working. They are very strong in investigations and in supporting insolvency practitioners and third-party litigation funders with pursuing difficult claims.

I particularly enjoy working with Tim Berg and associate Alexandra Withers. They are a great team!

Associate Alexandra Withers has been exceptional. She is knowledgable, helpful and always prompt in communication. I would highly recommend her services.

Work highlights

  • Acting on behalf of the liquidator of a group of companies involved in the importation and sale of alcohol with significant unpaid tax and excise duty.
  • Advising the liquidator in relation to a very complex and contested proof of debt.
  • Investigating and pursuing claims for a liquidation of a fraudulent payroll company that was also engaged in missing trader intra-community (MTIC) fraud.

Archers Law LLP

The recent work of Stockton-based Archers Law LLP shows the team’s strength in contentious insolvency-related work, which is a direct reflection of the expertise of dispute resolution specialist Kenton Bazeley. Standout instructions involve representing creditors in bankruptcy proceedings involving fraud, challenging the validity of key documents, and director duties, among other matters. Bazeley sits at the helm of the practice, where clients also single out associate Helen Lyne.

Practice head(s):

Kenton Bazeley

Other key lawyers:

Helen Lyne

Testimonials

The team is down-to-earth and approachable; it has great knowledge of our situation and how best to deal with it.

Associate Helen Lyne dealt with our first inquiry really quickly and to our satisfaction. Since then, she has continued to support us in additional matters and I would have no hesitation in coming back to her for help in the future.

Tilly Bailey & Irvine

Led from the Wynyard office by Craig Malarkey, Tilly Bailey & Irvine handles both contentious and non-contentious insolvency issues for a client roster predominantly consisting of insolvency practitioners and medium-sized companies. The practice significantly benefits from the expertise of solicitor Michael Stevens, who stands out for his past experience working for an insolvency practitioner.

Practice head(s):

Craig Malarkey

Other key lawyers:

Michael Stevens