DLA Piper’s Manchester-based restructuring practice provides expert advice on complex financial restructurings, distressed real estate and support on investigation, litigation and enforcement proceedings in insolvency cases, where the team is adept at both high profile national and cross-border matters in close collaboration with the firm’s global network. Following the departure of former practice head Christopher Roberts at the end of 2024, Robert Russell now leads the North West team in addition to his role as national practice head for the UK. Russell has extensive experience leading high-profile retail administrations. Rob Lyons regularly advises insolvency practitioners in high value litigation matters, while Tony Potts handles non-contentious restructuring mandates, including financial restructurings. Further key members of the team include Vivak Vaish, who covers distressed M&A transactions, and Grace Imafidon has experience in drafting insolvency legislation.
Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘DLA is a multi-faceted firm with strong credentials in most areas. In particular, the insolvency team is an experienced and dedicated team that has supported us over the years. Their commercial approach to transactions ensures speedy success.’

  • ‘They are personable, skilled, approachable, individuals who ensure open communication throughout projects and in other interactions.’

Key clients

  • FTI Consulting LLP
  • Alvarez & Marsal Europe LLP
  • Gordon Brothers
  • Project Lietzenburger Straße Holdco Sarl and various other entities comprising the Fürst Group
  • BDO LLP
  • FRP Advisory Trading Limited
  • Kroll Advisory Ltd
  • THG Plc
  • HSBC UK Bank Plc
  • Endless LLP/Enact
  • Secure Trust Bank Plc
  • Shawbrook Bank
  • Close Invoice Finance Limited
  • Ernst & Young LLP
  • Interpath Limited
  • Aurelius Investments Limited
  • Brand Alley UK Limited
  • John Wood Group PLC

Work highlights

Advised Project Lietzenburger Straße Holdco Sarl in relation to its UK Part 26A restructuring plan to restructure the Fürst Group's financial creditors under approximately €1bn of German law-governed bonds and loans.
Advised joint administrators from FTI on the trading administration of TriRx Speke Ltd and subsequent sale of the business and assets of the company to US-listed Elanco Animal Health Inc.
Acting for the joint administrators of Electrolytic Plating Company Limited in relation to the pre-packaged administration sale of the business and assets of the company.

Lawyers

Hall of Fame

The lawyers at the very top of the profession, widely known and respected by peers and clients for their longstanding involvement in market-leading work.

Leading associates

Leading associates with regular involvement in their team's key work, and recognition from peers or clients as being ones to watch.

Practice head

Robert Russell

Other key lawyers

Rob Lyons; Tony Potts; Vivak Vaish; Grace Imafidon