Insolvency and corporate recovery

Thrings LLP

Thrings LLP‘s business restructuring and insolvency practice has particularly strong sector expertise in the professional services, agriculture, real estate, and construction spaces. The team advises on a multitude of transactions, including sales and purchases of distressed companies, and solvent restructuring mandates, in addition to security issues, asset recoveries, and enforcement work. Mark Cullingford leads the team from Bristol, with expertise covering a wide span of matters including contingency planning and formal insolvencies. He is supported by Jane Henderson.

Legal 500 Editorial commentary

Profile: thrings.com

Testimonials

Collated independently by Legal 500 research team.

‘The firm has a strong insolvency team with a range of sector experience, delivered in a commercial manner.’
‘Mark Cullingford is a very clever, knowledgeable, commercial and diligent insolvency solicitor.’
‘Experienced and capable.’
‘Mark Cullingford - a deep thinker.’
‘The team thrives on the complex and loves the challenge of unravelling those tricky conundrums that require rational, clear thought and an enquiring mind.’
‘Mark Cullingford is quite simply too clever for me! He is an absolute gem for his foresight and unnerving ability to pick out and understand the role of every tree in those woods and how they impact on each other. If you have complex work, you need Mark Cullingford.’
‘Huge attention to detail combined with an excellent balance of legal and commercial judgement.’

Key clients

Begbies Traynor (Central) LLP
Grant Thornton UK LLP
Evelyn Partners
Undebt.co.uk
Knight Frank LLP
Leonard Curtis Business Solutions
Mazars LLP
Moorfields Recovery
Moore Kingston Smith & Partners
Quantuma LLP

Work highlights

Acting for Knight Frank LLP as receivers in taking possession and sale of a substantial rural property owned by a dissolved Cayman Islands Trust company involving complex issues related to the residents, disputes between legal and beneficial owners.

Acting for PKF Francis Clark as Liquidators in claims against a sole company director for breach of duty and wrongful trading in respect of a company that had acquired a loss-making business as part of a complex purchaser structure and itself entered liquidation within six months.

Advising the board of a substantial corporate client on directors' duties and related matters over a period of six months while it renegotiated funding and business plans with its principal investor and lenders to successfully secure a return to solvency.

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