Top 10 Restructuring Plans Solicitors in the UK

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10 questions answered 15 questions asked
71 firms matched Narrowed down from 305
Top Match: Poole Alcock 4.8 5,506 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.

You searched for Restructuring Plans specialists. Here are related areas of law to help you narrow down your results.

Winston Solicitors

4.9 4,729 Reviews

95%+

Value for money

95%+

Success rate

95%+

Would recommend

We have found a review that matches your query

Tagged solicitor Samantha Robertson-Strong

Sam and Aishah at Winston Solicitors were great, they really applied the gas when the pressure was on to complete. I was updated regularly throughout the whole process without having to chase too much. The due diligence was very thorough to ensure I was protected, this helped put me at ease at this stressful time. In total this took around 10 weeks from start to completion, overall I was very happy with the service Thank you Winston Solicitors.

Review left by Mr M

Levi Solicitors LLP

4.8 2,876 Reviews

94%

Value for money

95%+

Success rate

95%+

Would recommend

Gaby Hardwicke

4.8 800 Reviews

95%

Value for money

95%+

Success rate

95%+

Would recommend

Fisher Jones Greenwood LLP

4.9 1,354 Reviews

95%

Value for money

95%+

Success rate

95%+

Would recommend

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Tagged solicitor Ashton Carter

We were recommended to contact Ashton at Fisher Jones Greenwood to help with a company re-structure. Ashton was professional and worked to an excellent standard throughout the whole project. I would definitely recommend his services to others in the future.