What We Do
Our Insolvency team acts for Insolvency Practitioners, lenders, companies and their directors. The team has extensive experience in:
- Administrative Receiverships;
- Company Voluntary Arrangements;
- Law of Property Act Receiverships;
- Advising creditors in dealing with all aspects of insolvency
- Individual Voluntary Arrangements;
- Bankruptcy cases.
The department has a focus on bank-led work and sits on a number of bank panels including HSBC, Santander, RBS/NatWest, Bank of Ireland and the Co-operative Bank. It also works closely with a number of accountants including Baker Tilly, PricewaterhouseCoopers, Grant Thornton, KPMG, Deloitte and RSM Tenon.
The team has an ability to provide practical commercial advice in complex areas of pension and re-structuring due to extensive expertise in this area.
The team has a national insolvency and restructuring presence covering Leeds, Sheffield, London, Birmingham and Manchester.
Recent Insolvency Deals
- Dealing with the administration of One Leisure Group - a chain of bars and hotels in Newcastle and Barrow-in-Furness. This involved a complex application to Court for which there appeared to be no precedent to make an Order enabling the administration to be terminated but ensuring that creditors' claims and expenses were properly met;
- Advised on the administration of a pre-prepared foods supplier to a number of national supermarkets. The business was successfully traded on in administration and then sold;
- Acted in the sale of Godfreys Automotive Parts out of administration. This involved dealing with seven sites across Yorkshire and completing the sale to an independent party within 48 hours
- Successful appeal of the refusal by the nominee of a Company Voluntary Arrangement (CVA) to allow Wolseley UK Limited to vote to reject a CVA proposal at the Creditor's meeting. This was a decision of precedent setting nature;
- Dealing with the appointment of Administrators of a Scottish Company involved in the manufacture of log cabins. This was a complex case due to the requirement to understand how Scottish Insolvency rules interact with English Insolvency rules.
"First-class player" Legal 500, 2010
Julie Atkinson is praised for her innovative thinking and ability to "quickly get to the heart of a matter" Chambers and Partners, 2012
Andrew Walker provides clients with an experienced sounding board and is valued for "presenting an argument that takes into account both sides" Chambers and Partners, 2012
Chris Jones earns plaudits for his "good depth of knowledge" and "ability to answer any queries" Chambers and Partners, 2012
"The service is excellent" and the team has "a commercial, client-focused approach" Legal 500, 2011
Andrew Walker is "very precise, erudite and easy to work with" Legal 500, 2011
Chris Jones is "knowledgeable and experienced" Legal 500, 2011