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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5.0 388 Reviews

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5.0 268 Reviews

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Siobhan WilliamsStephen Thompson

Tagged solicitors Siobhan Williams and Stephen Thompson

Siobhan and Stephen - thank you for your expert assistance in making the sale of the business run smoothly.

Review left by Anonymous

4.8 527 Reviews

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4.9 1,041 Reviews

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4.9 1,359 Reviews

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Saranya Slater

Tagged solicitor Saranya Slater

It was my first time working with Ronald Fletcher and I had no issues at all. The whole transaction was well handled with efficiency and transparency. I’d definitely work with them again. A huge thank you in special to Saranya.

Review left by Nadya

5.0 222 Reviews

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Arj Arul

Tagged solicitor Arj Arul

I used Spires Legal for support with a business acquisition and the related legal agreements, and found them to be highly competent and professional throughout. They communicated clearly, were responsive when needed, and handled the process efficiently. I felt confident in their advice and would be happy to recommend them to others looking for solid legal support on business matters.

Review left by M2 Computing

4.7 1,268 Reviews

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4.8 918 Reviews

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4.8 627 Reviews

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Ellie Rigsby

Tagged solicitor Ellie Rigsby

I had a really positive experience with Elliott Mather Solicitors in Chesterfield, particularly working with Ellie Grimsby. From the very beginning, Ellie took the time to listen to me thoroughly and made me feel genuinely heard and understood. She always put my needs first and handled everything with care, professionalism, and a reassuring approach. I was seeking support with matters relating to my business, and Ellie provided clear guidance and support throughout. Her communication was excellent, and I always felt confident that I was in good hands. I’m very grateful for the help I received and wouldn’t hesitate to recommend Ellie Grimsby and the team at Elliott Mather to anyone needing legal support.

Review left by Janna Shaw

4.9 277 Reviews

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4.9 1,215 Reviews

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