Restructuring/Insolvency
UK Guide 2025 : The South
Band 3
About
Provided by Paris Smith LLP
KEY INSOLVENCY AND RESTRUCTURING SERVICES
We can help you in the following areas:
- transactional insolvency (buying and selling distressed businesses and assets)
- contentious insolvency (disputes, potential claims and litigation)
- options in event of financial distress
- business turnaround and corporate restructuring
- effect of all forms of formal insolvency procedure including applicable moratoria
- negotiation and realisation of assets, including debts and bankruptcy properties
- cross-border insolvency
- exposures (including risk of prosecution) arising on insolvency and phoenixism;
- powers and duties of office holders, including appointments
- administration of insolvent businesses and estates
- all forms of litigation under insolvency legislation, including bankruptcy annulment
- directors duties and disqualification
- enforcement of creditor / landlord rights in insolvent situations
EXAMPLES OF RESTRUCTURING AND INSOLVENCY WORK
- Assisting the administrators of a major chain of convenience stores to maximise realisations and save jobs through the disposal of numerous trading outlets and associated premises.
- Acting for insolvency practitioners in claims against third parties and assets including bankruptcy involving unregistered commercial land in London and an administration involving a disputed charge over the assets of a bus company
- Advising creditors with their claims in insolvencies, including one who was a secured creditor seeking to protect a multi-million pound VAT appeal recovery.
Chambers Review
Paris Smith regularly tackles a variety of contentious and non-contentious matters, such as the sale and purchase of distressed assets including residential and commercial real estate. It is notable for its work in the leisure, retail and financial services sectors. It works for a range of local and national organisations, as well as individual directors and trustees in bankruptcy.
Work Highlights
- Paris Smith advised the administrators of Total Highway Maintenance, Nicola Layland and Michael Fortune of Leonard Curtis. The firm defended a winding-up petition on behalf of the company and introduced Leonard Curtis to advise the company in respect of its financial circumstances.
Strengths
Provided by Chambers
"Paris Smith has a good level of technical knowledge."
"I hold Paris Smith in high regard - they're a good firm who provide good, solid advice."
"Paris Smith has a good level of technical knowledge."
"I hold Paris Smith in high regard - they're a good firm who provide good, solid advice."
Notable Practitioners
Mike Pavitt is based in Southampton and heads up the firm's corporate restructuring and insolvency team. He is a distinguished practitioner with a strong practice handling the full range of corporate and personal insolvency matters. He is adept at handling pre-pack sales.
"Mike Pavitt is extremely technical lawyer. He is very much down in the detail and very skilled."
"Mike is very thorough and knowledgeable. His knowledge of insolvency law is excellent."
Lucy Andrews is a solicitor on the firm's corporate restructuring and insolvency team. She handles a range of contentious and non-contentious matters, including bankruptcy and insolvency litigation and restructurings.
"Lucy Andrews offers high levels of communication and knowledge."
Ranked Lawyers at
Paris Smith LLP
The South
Members
Provided by Paris Smith LLP
Chris Holliss
Christopher Parsons
Cliff Morris
David Eminton
David Roath
Emma Pope
Helen Brown
James McNeil
Jennifer Packer
Lucy Andrews
Michael Moore
Head of Department
Peter Ralls QC
Richard Atcherley
Sophie Dipper