Our turnaround, rescue & restructuring specialists across the entire Finance Law team advise directors, venture capital investors, banks and financial institutions involved with companies that have got into financial difficulties. We seek to find fast, innovative solutions to those problems. Where the solution to a company's problems lie in the restructuring of its equity, we will work closely with experts in our Corporate Finance practice. 

Our network of turnaround experts in our European and Hong Kong offices means that we can deliver a seamless service to cross border businesses and produce a solution that is consistent across all locations. 

It is an unavoidable consequence of the current economic climate that such problems are becoming increasingly frequent. However, our team always aims to turnaround/reconstruct the company to ensure its ongoing survival. The benefit to our clients is that we can assist in strengthening their customer relationships and maximising their income.

We have the necessary legal and commercial knowledge to be able to find solutions to not only financial, but also production, supply or management problems. By operating as a fully integrated team across the whole range of finance law related areas means that we offer services in this challenging and rewarding area.

Our services include:

• Short term crisis management.
• Stakeholder management.
• Advising on finance and security issues.
• Devising turnaround and restructuring business strategy. 
• Effective implementation of the turnaround and restructuring plan.

Areas of expertise include:

• Debt and equity rescheduling and restructuring.
• Group restructurings to enable a return of capital to shareholders.
• Pre-sale restructuring to maximise profits on sales.
• Tax driven repackaging of loss making businesses to preserve capital allowances and tax losses.
• Dividend in specie demergers.
• Debt refinancings upon reorganisation.
• Advising on lenders’ options on restructuring - especially re the effects on security and enforceability.
• Distressed M&A activity and strategic investments.
• Rescue planning and implementation.
• Corporate/formal insolvency procedures including prepackaged disposals and voluntary arrangements.
• Advice to boards of directors on obligations, duties and potential liabilities of managing distressed businesses.
• Advising pensions trustees on the effect of restructuring of principal employers and the impact of insolvency.
• s110 restructuring.