Burness Paull

Restructuring/Insolvency Department

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What the team is known for Distinguished insolvency practice which regularly handles complex restructuring mandates for lenders, borrowers and insolvency practitioners, alongside broader roles advising purchasers on distressed asset transactional matters. Also held in high regard for the strength of its litigation team, which handles a wide variety of enforcement and wider insolvency-related claims.

Strengths Commentators describe the lawyers as "hugely driven and well embedded in the local markets."

Work highlights Represented Ashurst and KMPG, as liquidators, in the sale of Thomas Cook high street locations to independent travel agent Hays.

Notable practitioners

Gary Moffat
is recommended for his able handling of contentious insolvency proceedings and complex restructuring exercises.

Michael Thomson
leads the restructuring and insolvency team. He provides high-quality advice across an array of contentious and non-contentious restructuring and distressed business scenarios in various sectors such as leisure, retail and travel.
"Michael is extremely hard-working, meets deadlines and takes personal pride in delivering good work." "He is on top of the details, very user-friendly and knows exactly what is going on in the market." "Michael is an excellent lawyer who has worked on high-profile insolvency cases."