Top 10 of 22 law firms for Distressed Companies, Company Law | Southwark, London

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This area covers the way a company in financial difficulty is handled in England, including formal insolvency processes and rescue options. A solicitor in this field guides directors, creditors and shareholders through options such as administration, restructuring, Company Voluntary Arrangements and liquidation, and helps prepare and lodge the necessary applications and documents with bodies like the Court and the Insolvency Service. They may draft and negotiate a restructuring plan, liaise with administrators, liquidators and creditors, compile schedules of assets and liabilities, and ensure the process complies with statutory duties and timelines.

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