Top 10 of 484 law firms for Sales and Purchases of Distressed / Insolvent Businesses, Business Law

Law firms ranked by client reviews

This area covers buying or selling businesses that are distressed or insolvent, including assets of companies facing administration, liquidation or other insolvency procedures. A solicitor here identifies and values the business, negotiates terms, and drafts or reviews the necessary contracts, asset purchase agreements, and warranties. They coordinate with insolvency practitioners, office holders, and creditors to ensure a commercially sound deal and protect the client’s position as a purchaser or vendor through the process of sale, consent, and transfer of ownership.

What a solicitor handles in these matters

The solicitor handles due diligence on distressed assets, negotiates terms and warranties, manages pre-pack or negotiated sales, drafts asset purchase agreements, coordinates with administrators or liquidators, and liaises with creditors and the purchaser’s financing team to secure title and enforce warranties; they also advise on risk allocation, post-completion liabilities, and any regulatory or competition considerations relevant to the sale.

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We have found a review that matches your query

Richard Clapham

Tagged solicitor Richard Clapham

Working with Richard at Downs Solicitors was an excellent experience from start to finish. He played a pivotal role in steering our client through the sale of their business, guiding them carefully through every stage of the legal process and ensuring the transaction stayed firmly on track and on time. Richard’s professionalism, attention to detail, and calm, measured approach gave everyone confidence throughout what could have been a very complex and stressful process. He was particularly impressive in the way he interpreted and distilled key legal points for our client, clearly highlighting the issues that genuinely required their consideration while preventing unnecessary distractions. This allowed our client to make informed decisions quickly and with confidence. His communication was consistent, clear, and proactive, and he worked collaboratively with all parties involved to keep momentum in the transaction. We greatly appreciated his commercial awareness and practical mindset, which were instrumental in achieving a smooth and successful completion. We would not hesitate to work with Richard again and would highly recommend him and the team at Downs Solicitors to anyone navigating a business sale.

Review left by LockDutton Corporate Finance Ltd

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