Southampton 02380 482 482
Winchester 01962 679 777
The CR&I team deals with all 3 of the main limbs of insolvency-related legal work:
- Transactional insolvency (buying and selling distressed businesses and assets)
- Contentious insolvency (disputes, potential claims and litigation)
- Insolvency and restructuring advisory (everything else, including procedural input)
We act on a huge variety of transactions, issues and estates ranging in value from just a few thousand to many millions of pounds.
The team comprises specialist lawyers in the fields of banking, company, corporate, creditor services, crime and regulatory, employment, intellectual property, landlord and tenant, licensing, property and (of course) pure insolvency (both corporate and personal).
Pick the right team for YOU: Click on the image for our CR&I team football-themed Organogram
Our expertise
The team advises and assists on matters including:
- options in event of financial distress
- business turnaround and corporate restructuring
- effect of all forms of formal insolvency procedure including applicable moratoria
- employees in insolvent situations
- negotiation and realisation of assets, including debts and bankruptcy properties
- cross-border insolvency
- exposures (including risk of prosecution) arising on insolvency and phoenixism
- powers and duties of office holders, including appointments
- administration of insolvent businesses and estates
- all forms of litigation under insolvency legislation, including bankruptcy annulment
- directors duties and disqualification
- enforcement of creditor / landlord rights in insolvent situations
We advise on all issues which may arise including the drafting and negotiation of sale and purchase documentation (including specialist bankruptcy conveyancing, debentures and guarantees), review and release of existing security.
Our service
The team is focused on delivering a service which is:
- cost transparent
- client focused
- commercial and pragmatic
- partner led
- proactive
- sensitive
In 2016 the team undertook its single largest assignment to date, assisting the administrators of a major chain of convenience stores to maximise realisations and save jobs through the disposal of numerous trading outlets and associated premises.
Our clients
The team’s insolvency practitioner clients include:
- RSM
- Begbies Traynor
- CVR Global
- James Cowper Kreston
- KPMG
- Mazars
- Portland Business & Financial Solutions
- Smith & Williamson
- Quantuma
We also act for and/or on referrals from:
- funders e.g. banks, building societies, asset-based lenders
- domestic and overseas suppliers, trading partners, landlords, other creditors
- company directors
- bankrupts, their spouses and other family members and guarantors
- non-IP LPA receivers
- non-specialist solicitors
Blogs
- The truth about CVAs and insolvent tenants
- Insolvency law in a Brexit environment – the dangers of winding back the winding up clock
- 7 key lessons and a validation of the work of R3’s Regional Committees
- Court in the Act? Is our courts system working for the insolvency profession?
- New insolvency rules in force today
Testimonials
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- Chambers and Partners 2018: The team regularly tackles a variety of contentious and non-contentious matters, such as the sale and purchase of distressed assets. Notable for its work in the leisure, retail and financial services sectors. Works for a range of local and national organisations, as well as individual directors and trustees in bankruptcy. Impressed clients say Paris Smith is “a quality firm with exceptional value for money.”
- Legal 500 2018-19: The insolvency department at Paris Smith LLP is best known for its experience in personal insolvencies, as well as the property, retail, non-profit, financial services and leisure industries, for which it handles contentious matters, asset transactions and restructurings. Mike Pavitt ‘leads the team well and has good all-round knowledge‘.
Contact Us
We'd love to hear from you. Please fill in the contact form below or call us at one of our offices.
Southampton
02380 482 482
Winchester
01962 679 777
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