Restructuring & Insolvency

Our restructuring and insolvency lawyers work for lenders, insolvency practitioners, businesses and directors.

We can help businesses restructure without the need for a formal insolvency. But if that’s not possible, we can advise on all aspects of both personal and corporate insolvency procedures.

What Restructuring & Insolvency Services Do We Offer?

Our restructuring and insolvency lawyers can support you with matters involving:

  • Business turnaround
  • Restructuring
  • Insolvency
  • Company Voluntary Arrangements (CVAs)
  • Receivership
  • Liquidation
  • Commercial recoveries

We also offer corporate advisory services if your business is in financial distress (or where distress is anticipated).

Who Can We Help?

  • Lenders
    We are on the legal panels of most of the major retail banks in the UK, as well as independent asset based lenders. We have particular expertise in managing volume LPA receiverships.
  • Insolvency practitioners and restructuring professionals
    We help practitioners with the appointment of insolvency office holders, sale of assets, dispute resolution and the discharge of their duties (both for corporate and personal insolvency matters).
  • Businesses and stakeholders
    Our lawyers work with businesses of all sizes – from owner managed businesses through to large corporates. We can also advise shareholders, pension schemes and other creditors of a financially distressed business.
  • Directors
    We can advise you on the necessary legal and regulatory requirements if your business is insolvent or in financial distress. Our team can also act for you personally, if you’re facing litigation or disqualification following the failure of a company.

Why Choose Our Restructuring & Insolvency Lawyers?

Our team works for businesses in financial distress, as well as creditors looking to recover their money. We can also help you identify and manage risk, to prevent potential situations of financial distress.

We’re on the panel of most major retail banks in the UK, and have relationships with insolvency practitioners throughout the country. Due to the size of our team we can provide urgent advice and manage large scale and international transactions.

As a full service law firm, we can draw on the specialist experience of other lawyers in areas including employment, pensions, real estate and litigation.

We understand that with financial pressure, you may have concerns about how to pay legal fees. We offer alternative funding arrangements in these situations, including conditional fee agreements.

Contact Us

Call our restructuring and insolvency team on 0808 271 2602 or contact us online to find out more about how we can help.

Case Study – CovPress Turnaround

CovPress was a metal stamping and robotic assembly specialist, based in Coventry.

Several rescue attempts failed and Covpress was forced to enter administration. Grant Thornton, their administrators, retained our solicitors and we played a key role in the turnaround deal that saved 800 jobs.

This deal was also the very first to save a company’s pension scheme from the Pension Protection Fund using the administration process.

The Covpress administration was awarded the TRI Large Corporate Turnaround Deal of the Year Award in 2017.

We worked under extreme time pressures over several months on the Covpress deal. We lead conversations and negotiations with lenders, other key stakeholders, potential buyers, suppliers and other professionals.

The deal involved support from a number of teams within Irwin Mitchell, including Pensions, Employment, Real Estate and Banking & Finance, working together to meet (and exceed) the client’s requirements.”

Stephen George, Partner in Birmingham

UK Powerhouse

Foreign Direct Investment and the UK Economy

In our latest report, produced in collaboration with Cebr, we've extended the UK Powerhouse city tracker to give you greater detail into regional economic performance than ever before. 

We take a deep dive into Foreign Direct Investment trends, which is vital reading for anyone interested in capitalising on post-Brexit opportunities in the UK. We also take a closer look at the economies of three major UK cities - Leeds, Manchester, and Birmingham.

Read our latest UK Powerhouse report

Testimonials & Client Feedback

We truly value the feedback we receive from both our clients and legal accreditation societies, such as The Legal 500 and Chambers & Partners.

Chambers & Partners UK Top Ranked Firm 2022

"Irwin Mitchell are true insolvency specialists. They are practical, commercial and very hard-working."

Chambers & Partners, 2022
Chambers & Partners 2020 logo

"They know their stuff from a pragmatic and legal point of view. They are extremely strong on client service and have a fantastic reputation within the asset-based lending market."

Chambers & Partners, 2020
Leading Firm 2023

"This is a busy team which handles a wide range of high-quality work."

Legal 500, 2023

Business News

Our lawyers are regularly asked to provide expert insight, advice and analysis for the national media. Take a look at the stories below to see what we’re saying, as well as some of the recent deals we have completed for our clients here in the UK and abroad.

Awards & Accreditations

We’re proud of the recognition we’ve received for our business legal work. For a list of awards and accreditations, please visit our awards page.

Chambers & Partners 2020 logo

Find one of our solicitors near you

We have offices in major cities throughout the UK and our lawyers can arrange to visit you or your business in person if necessary. We also have international capability, with global links to other legal specialists.