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310
TLT LLP
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Top 10 of 484 law firms for Business Rescue, Business Law
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Business rescue covers legal actions taken to save a financially troubled company and avoid insolvency, including administration, company voluntary arrangements and restructuring plans. A solicitor in this area helps appoint or liaise with administrators, negotiates with creditors, drafts and negotiates moratoriums and arrangements, and coordinates proposals to achieve a solvent outcome for the company and its stakeholders. The work often follows insolvency triggers, regulatory oversight, and court processes to stabilise operations while preserving value.
Why this work is usually handled by a solicitor
Administrative forms and orders, such as notices of appointment and moratoriums, are core to this work. A solicitor provides professional accountability, handles client funds with protected accounts, and interacts with administrators, the Insolvency Service, and creditor committees to advance a rescue path while ensuring compliance with statute and regulatory rules.
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