Top 10 of 842 law firms for Restructuring Plans, Corporate Law

Law firms ranked by client reviews

Restructuring plans are a UK-wide rescue tool used to stabilise a distressed company by implementing a binding plan that alters rights of creditors, employees and other stakeholders. Under the Companies Act 2006, a court-backed restructuring plan can be prepared to seal compromises and cross-class arrangements, potentially overriding objectionable creditor classes with a majority vote. A solicitor drafts the plan, negotiates terms, coordinates with creditors, prepares the court petition, and navigates the process through the High Court for sanction and implementation. The aim is to provide a viable route to rescue a business while preserving value for stakeholders.

What a solicitor handles in these matters

The solicitor handles the proposed plan, the class clocking, cross-class cramdown mechanics, the court summons and evidence, and the overall scheme documentation, including disruption to existing contracts, employee protections, and creditor rights necessary for plan implementation.

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5.0 102 Reviews

95%+

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We have found a review that matches your query

Avi BarrLeona Ho

Tagged solicitors Avi Barr and Leona Ho

Having worked with Leona Ho and Avi Barr for several years now. Leonas ability to immediately grasp the facts of even highly complex transactions followed superb advice and guidance provided throughout the process is unrivalled. They are thorough, persistent, fair, and transparent. I am always impressed by Leonas ability to manage expectations and be patient, even when faced with challenges and tight timescales.

Review left by Peter

4.9 201 Reviews

95%+

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Value for money

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