Insolvency and corporate recovery in East Anglia

Birketts LLP

Birketts LLP's insolvency team is known for 'big firm experience with local presence and have expertise in all areas'. The firm has 'excellent knowledge of insolvency and related legislation' and practice head Laurence Weeks in Cambridge is a trusted adviser to the region's most prominent insolvency practitioners. Key Cambridge-based partner Maria-Christina Peyman and, in Norwich, non-contentious specialist Greg Allan and qualified barrister Andrew Kinnison also play central roles in the firm's key matters. The firm recently assisted FRP Advisory LLP as administrators on the sale of the assets and business of an accountancy practice, thereby ensuring the survival of the practice and the protection of 20 jobs.

Responsables de la pratique:

Laurence Weeks


Autres avocats clés:

Maria-Christina Peyman; Greg Allan; Andrew Kinnison


Les références

‘Local firm with excellent knowledge of insolvency and related legislation. Provides a very good book debt collection service in addition to advising on contentious insolvency litigation.’

‘Big firm experience with local presence and have expertise in all areas.’

‘There is nothing that Laurence Weeks doesn’t know and he is happy to share information.’

Principaux clients

FRP Advisory Trading Limited


RSM Recovery and Restructuring LLP


Ensors Accountants LLP


Price Bailey LLP


Resolve Group UK


McTear Williams and Wood LLP


Principaux dossiers


  • Acting for the Administrators and Director of Boop Limited in a pre-pack administration and subsequent sale of assets and surrender of leases.
  • Acting for the Administrators and Director of Quinto Crane & Hire Limited in administration and subsequent and ongoing disposal of assets.

Howes Percival LLP

The insolvency practice at Howes Percival LLP 'always delivers the right balance of senior level input and supervision', and its 'experience of large, high-profile insolvency litigation for the government is unparalleled'. Head of insolvency and corporate recovery Michael Green in Cambridge and Norwich-based Morris Peacock, who 'commands the complete confidence' and leads the firm's work for the Insolvency Service, are the principal contacts. Green recently assisted Mazars LLP with the bankruptcy of a former Times Rich List entrant with a reputed wealth of over £42m. In Norwich, William Shirley and senior associates Leon Head and the 'firm but friendly' Patrick Manning all play key roles in the practice.

Responsables de la pratique:

Michael Green; Morris Peacock


Autres avocats clés:

William Shirley; Leon Head; Patrick Manning; Phillippa Summerlee; Victoria Sandell; Eleanor Waters


Les références

‘Morris Peacock – Hugely experienced lawyer who has excellent insolvency expertise and is particularly adept at handling large litigation for government clients. He commands the complete confidence of the client in difficult, high profile cases.’

‘William Shirley – Excellent understanding of insolvency law and procedures and a very good draftsman. He is able to give very commercial advice and is particularly experienced in liquidator actions.’

‘Patrick Manning – very experienced trial lawyer. Excellent skills in running litigation that is tactically complex and paper heavy.’

Principaux clients

The Insolvency Service


Mazars LLP


MacIntyre Hudson (Baker Tilly Group)


Peter Elsworthy & Moore Limited t/a PEM


BDO UK LLP


The Official Receiver for England and Wales


Manolete


FRP Advisory


Henderson & Jones


McTear Williams & Wood


PKF Smith Cooper


Edge Recovery


Principaux dossiers


  • Acting for the successful liquidators in pursuing a former director for misfeasance, wrongful trading and transactions at undervalue in the reported case of Liquidators of Safe Depot Ltd –v- Mr Sabir Esa and Stone Key Ltd.
  • Acting for the Secretary of State in relation to the BHS collapse and pursuit of errant directors, actions for misfeasance and disqualification proceedings.
  • Acting for trustees in bankruptcy of multi-million pound bankruptcy involving overseas assets, unwinding transactions of airline; tracing of properties; orders for this party IT system searches and multiple actions to trace assets.

Mills & Reeve LLP

The national restructuring and insolvency group at Mills & Reeve LLP is led from London by Neil Smyth and from Cambridge by principal associate Lino Di Lorenzo, but it calls upon key resources in the firm's Norwich office, where Catherine Noble handles complex claims related to the recovery of assets for estates, and Lynne Lawn focuses on debt and asset recovery claims for the Official Receiver. The firm provides a full service offering to insolvency practitioners, directors, creditors and other key stakeholders of financially distressed companies and individuals. It is a member of the Insolvency Services Panel and acts on disqualification, investigations, public interest winding up mandates and asset recovery actions for Official Receivers nationally.

Responsables de la pratique:

Lino Di Lorenzo; Neil Smyth


Autres avocats clés:

Catherine Noble; Lynne Lawn


Principaux clients

McTear Williams & Wood


Manolete Partners


Moore Stephens/BDO


Regulator for Social Housing


American International Group UK Limited.


Opus


FRP Advisory


Homes and Communities Agency


Insolvency Service and Official Receivers


Department for Education


Principaux dossiers


  • Successfully defending Gerard Barnes, a former consultant to the board of a cosmetic surgery company in multi-party claim for damages exceeding £35,000,000 for breach of duty, negligence and dishonest assistance in Henderson & Jones v Ross (and others) following a 4 week trial and securing an order that all his costs be paid on the indemnity basis.
  • Advising the joint administrators of the Sustainable Bathroom Company Limited in connection with the challenge made to the validity of their appointment in which an improper motive on the part of the lender was alleged.
  • Acting for Charles Taylor, a professional footballer, on the annulment of a bankruptcy order.

Mishcon de Reya LLP

Mishcon de Reya LLP‘s insolvency team in Cambridge is led by partner and licensed IP Adam Bradley, who counts early stage companies, accountants, and insolvency practitioners among his clients. He is supported by experienced litigator Luke Hibbert, who is a key adviser to both creditors and debtors, and by James Slinger, who focuses on the property aspects of LPA receiverships and complex title issues.  Managing associate Sarah Ilic frequently handles the sale and purchase processes for IPs and purchasers of assets out of insolvent companies. Managing associate Rebecca Quick is another experienced adviser on corporate restructurings, working closely with accountants and tax advisors.

Responsables de la pratique:

Adam Bradley


Autres avocats clés:

Luke Hibbert; James Slinger; Sarah Ilic; Rebecca Quick


Les références

‘Post the merger (which externally seems to have worked well) there is a great mix of sector expertise allied with a commercial focus.’

‘Adam Bradley brings a wealth of commercial experience.’

Principaux clients

MHA Macintyre Hudson


Leonard Curtis Ltd


InsolvePlus


FRP Advisory LLP


Principaux dossiers


  • Acted for Leonard Curtis in relation to two separate administrations during the year, and in both cases negotiated and executed successful pre-pack sales upon their appointment.
  • Advised an IT software provider on its ability to restrict access to its IT services upon its customer entering administration and the eventual novation of the IT licence.
  • Advised a shareholder of a company in members voluntary liquidation in respect of an attempt by the liquidator to convert the liquidation in to a creditors voluntary liquidation and a claim against the shareholder in respect of an indemnity he had given for an early distribution made to him.

Ashtons Legal

Ashtons Legal's insolvency practice is 'a small but very strong team, with excellent insolvency knowledge and brilliant client relationship management'. Practice head and qualified IP Fiona Stuart in Norwich is 'highly experienced with a commercial and strategic perspective'. She recently worked with associate Alice Trainor to assist McTear Williams and Wood with the pre-pack sale of vegan burger chain The Vurger Co Ltd.  Senior associate Ina Beurich is 'calm, measured and insightful in contentious matters'. Litigator Michael Frape in Cambridge plays key role in contentious matters.

Responsables de la pratique:

Fiona Stuart


Autres avocats clés:

Ina Beurich; Alice Trainor; Michael Frape


Les références

‘Fiona Stuart is very attentive and has particular technical knowledge that stands her in good stead and places her head and shoulders above the competition. Ina Beurich is very tenacious, chasing down every detail and ensuring that everything stacks up. Alice Trainor is very calm and practical, a safe pair of hands.’

‘The team is always responsive and willing to help find practical and commercial solutions to issues raised. The team is approachable and easy to work with.’

‘The insolvency law team are knowledgeable, approachable and provide responsive advice often in pressurised circumstances when they remain professional at all times.’

Principaux clients

McTear Williams and Wood


Moore Kingston Smith


Larking Gowen


RCM Advisory Limited


Price Bailey


Begbies Traynor


FRP Advisory


PEM


FTS Recovery


Parker Andrews


Manolete Partners PLC


Principaux dossiers


  • Assisted McTear Williams & Wood with placing a company into administration. A sale of the business and assets of the company followed. Dealt with ad-hoc advice required by the Administrators; mainly pertaining to environmental and regulatory issues and challenging creditors.
  • Working with FRP Advisory to assist the Trustees in Bankruptcy with the high-profile bankruptcy of a purported former multi-millionaire. The case has involved various complexities and investigations regarding the locating and securing of assets.
  • Assisting MHA with matters relating to the liquidation of a law firm which had been intervened by the SRA. Instructions included the sale of the law firm’s Will bank to a third party.

Barker Gotelee

Ipswich firm Barker Gotelee draws upon a multidisciplinary team to handle insolvency work. Practice head John Bradshaw works closely with litigation and business services partner Dermott Thomas, corporate and charities partner Clare Richards, and real estate litigation partner Mark Wrinch to advise Insolvency Practitioners, creditors and debtors, directors and stakeholders on a broad range of matters. Legal executive Sarah Mower is vastly experienced and specialises in business recovery cases. Bradshaw and Mower have 'a great deal of expertise and are able to give straight forward and direct advice'.

Responsables de la pratique:

John Bradshaw; Dermott Thomas; Clare Richards; Mark Wrinch


Autres avocats clés:

Sarah Mower


Les références

‘Barker Gotelee’s insolvency team is small and agile. John Bradshaw and Sarah Mower have in-depth knowledge of their field and use it to great effect.’

‘John Bradshaw is extremely knowledgeable and is proactive in dealing with matters. He is flexible and quick to identify an area that can be exploited to the benefit of the client.’

‘I have worked with John Bradshaw and Sarah Mower, both of whom are very organised, analytical and careful in their approach. They are also very easy to work with and amiable.’

Principaux clients

Ensors, Ipswich and Cambridge


McTear, Williams & Wood Limited, Ipswich, Norwich and Colchester


Price Bailey LLP, Norwich


Begbies Traynor, Colchester


RSM, Hull


Moore Kingston Smith, London


PEM, Cambridge


TC Bulley Davey, Peterborough


DCA BR Ltd, Southend


A D Business Recovery Limited, Chelmsford


McKay Business Solutions Limited, Cambridge


Stephen M Rout & Company, Bury St Edmunds


Manolete Partners Plc


FRP, Preston


Principaux dossiers


Buckles Solicitors LLP

Buckles Solicitors LLP has a two-partner restructuring, turnaround and insolvency group led from Peterborough, which handles both contentious and non-contentious insolvency matters for companies and individuals. Practice head and insolvency specialist Rachel McCahill 'moves cases along and is creative about how to progress them', while Cambridge-based legal director Nick Porter is 'thoughtful and thinks outside of the box'. Porter has a broad-based litigation practice but has particular expertise in seeking and defending injunction proceedings, and regularly acts for clients in urgent proceedings in the High Court.

Responsables de la pratique:

Rachel McCahill


Autres avocats clés:

Nick Porter


Les références

‘The team is cost-effective, and also very able. It is really helpful to be able to have a good chew around the potential claims and how they can be presented. They work on both sides of the coin, i.e. office holders and Directors which gives them a well rounded view.’

‘Rachel McCahill is great at pushing the cases along, moving them and being creative about how to progress them. Nick Porter is thoughtful and thinks outside of the box – we recently had a discussion about issuing claims in the regions and not london due to cases falling into the Central London County Court, and the general delay thereby occasioned.’

Principaux clients

PKF Smith Cooper


RSM Tenon


Manolete Partners Plc


Kennway Francis Ltd


Sterling Advisory Limited


FRP Trading Advisory Limited


The Macdonald Partnership Limited


Robert Day & Company


Garner Advisory


Opus Restructuring and Insolvency


Menzies LLP


Resolve Advisory


R2Advisory


Principaux dossiers


HCR Hewitsons

HCR Hewitsons joins the ranking this year having hired the highly respected Frank Brumby from Isadore Goldman. He leads the Cambridge team, though the national restructuring and insolvency practice is led from Birmingham by Sam Payne. Brumby's 'experience and knowledge are second to none', and he recently acted for Begbies Traynor in the £130m voluntary liquidation of Rockfire Capital Limited. He also advised McTear Williams & Wood as administrators of Nova Group Holdings Limited. Legal director Carly Moore-Martin , who works from both Cambridge and London, is a key adviser on contentious insolvency, commercial litigation, fraud and director disqualification.

Responsables de la pratique:

Sam Payne; Frank Brumby


Autres avocats clés:

Carly Moore-Martin


Les références

‘I have worked with Frank Brumby on a number of occasions and his experience and knowledge are second to none. He is extremely approachable and his advice is sound and he responds in a timely manner. I would not hesitate to recommend him.’

‘Pragmatic advice given by a team that is flexible and accommodating in actually trying to help generate and implement solutions.’

‘Frank Brumby is hugely experienced and gives considered and practical advice.

Isadore Goldman

Isadore Goldman is a specialist insolvency firm with a key outpost in Norwich, where the team led by director Sian Leonard 'provides an excellent level of personal service and is well respected within the industry'. Leonard, who 'frequently goes above and beyond to meet deadlines', recently handled a £1.5m CVA for a major insolvency practitioner. She is supported by associate Jenna Ansell, who manages day-to-day instructions under the firm’s contract with Aviva, and also handles claims by insolvency officeholders against directors and third parties. Frank Brumby left to join HCR Hewitsons.

Responsables de la pratique:

Sian Leonard


Autres avocats clés:

Jenna Ansell; Maddie Archer


Les références

‘Jenna Ansell is a delight to work with, always happy to engage and take on what can be complex work.’

‘Sian Leonard has stepped up to leading the team incredibly well and is a great role model for other women in the profession.’

‘Maddie Archer – confident and assured in dealing with clients and great people skills. Maddie has a very bright future I am sure.’

Principaux clients

Aviva


McTear Williams & Wood


Fleximize Capital Limited


Price Bailey LLP


Ensors


Manolete Partners


Begbies Traynor (Central) LLP


RSM


Parker Andrews Ltd


Asertis


Principaux dossiers


  • Advising an Insolvency Practitioner client and pursuing a director on behalf of a liquidator in relation to a large misfeasance claim for the value of £5m based on a group inter-company debt. The group inter-company debt follows a large restructuring of the company.
  • Advised an Insolvency Practitioner client on the intricacies of a large £1.5m Company Voluntary Agreement (“CVA”). Advice was provided prior to the CVA approval on behalf of the nominee.