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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4.9 594 Reviews

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4.3 141 Reviews

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4.4 374 Reviews

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Emily MacNiven

Tagged solicitor Emily MacNiven

It was an absolute pleasure working with Emily MacNiven as the lead solicitor for the sale of our business and more generally with Downs as a firm. She was exceptionally efficient, very personable and clearly skilful at her job. She acted very professionally at all times and did a great job at protecting our interests and advising us where necessary while keeping things on track. We always felt reassured that she had everything under control, allowing us to continue to focus on running our business while the sale process was going on. Thank you.

Review left by John

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VC LAW

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94%

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4.8 585 Reviews

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Jamie HumphesonMartha Khan

Tagged solicitors Jamie Humpheson and Martha Khan

MARTHA KHAN AND JAMIE HUMPHESON AND TEAM WENT OVER AND ABOVE IN WHAT WAS NEEDED IN COMPLETING A VERY COMPLICATED CLEARANCE OF THE BUSINESS WITH LIMITED CONTACT OR HELP FROM THE PURCHASERS SOLICITOR

Review left by RODGER & LINDSEY NICHOLSON

4.9 566 Reviews

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5.0 734 Reviews

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