Hay & Kilner

Restructuring & Insolvency

If your business is facing financial difficulties, you need technical and practical specialist advice to quickly protect your interests and determine your best solution when it comes to restructuring, recovery or exit.

If your business is facing financial difficulties, you need technical and practical specialist advice to quickly protect your interests and determine your best solution when it comes to restructuring, recovery or exit.

How we can help

We understand how devastating insolvency issues can be and the pressures that you face. We are on hand to provide advice and assistance in regards to the full range of corporate insolvency disputes as quickly and effectively as possible to limit the damage caused.

Corporate and Personal Insolvency Advice

We can help with both corporate and personal insolvency issues and work with business owners, directors and professional service advisers. Our experts, including corporate solicitors, spend time discussing the options available to devise a timely and cost effective solution to help resolve the situation as quickly as possible.

Why Choose Hay & Kilner for your Restructuring and Insolvency Services?

As a full service firm we can also easily draw on the expertise of our specialists in related fields, including commercial property law, construction law, contractual disputes, debt recovery, employment law and intellectual property law, to provide a seamless service, ensuring that complex problems are resolved efficiently.

For further information about Company Voluntary Arrangements and Restructuring Plans, whether you are a company considering one or you are a landlord with a tenant in financial difficulties, please contact Hay & Kilner.

We cover:

  • Advice to directors on duties and risk minimisation strategies
  • Advice to troubled companies on restructuring options
  • Defending directors and others facing investigation and / or asset recovery procedures by office-holders
  • Defending directors facing proceedings under the Company Directors Disqualification Act 1986
    -Defending directors facing criminal prosecution

We cover all types of corporate and personal insolvency and restructuring procedures, including:

  • Administrations
  • Company Voluntary Arrangements
  • Moratoriums
  • Restructuring Plans
  • Law of Property Act (fixed charge) Receiverships
  • Members’ Voluntary (solvent) Liquidations
  • Creditors’ Voluntary Liquidations
  • Compulsory (court ordered) Liquidations
  • Individual Voluntary Arrangements
  • Bankruptcies

We cover:

  • Advice on validity of security
  • Advice on options for enforcement
  • Prepare appointments of administrative receivers (if permissible), LPA receivers (if fixed charge held) and administrators (if qualifying floating charge held)

We cover:

  • Advice on recovery options, including potential for winding-up petitions and administration applications
  • Advice on preventative and risk mitigation strategies
  • Advice on retention of title and trust claims

We cover:

  • Advice on purchases of assets and businesses of insolvent companies

We cover:

  • Advice on sales of assets and businesses of insolvent companies

We cover:

  • Informal examinations of company directors and bankrupts
  • Examinations under ss. 236 (company) and 366 (individual) Insolvency Act 1986
  • Misfeasance under s. 212 Insolvency Act 1986
  • Wrongful trading under s. 214 Insolvency Act 1986
  • Transactions at an Undervalue under ss. 238 (company) and 339 (individual) Insolvency Act 1986
  • Preferences under ss. 239 (company) and 340 (individual) Insolvency Act 1986
Chambers & Partners Legal 500

A mixture of large and mid-tier Insolvency Practitioners instructs the practice on the back of its 'responsiveness' and 'sound technical skills'.

The firm undertakes a comprehensive mixture of corporate and personal insolvency work. Most of the major North East insolvency practitioners instruct the team, as do some based in Leeds, Manchester, Carlisle and the South East. Instructions also emanate from banks and other financial institutions.

Meet the team

Get in touch with Hay & Kilner

For further information on how we can help with restructuring and insolvency, click below to leave us a message and we will be back in touch as soon as possible.

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‘Hay & Kilner’ and ‘Hay & Kilner Law Firm’ are both trading names of Hay & Kilner LLP, a limited liability partnership registered in England & Wales with registered number OC418767. Our registered office is at The Lumen, St James' Boulevard, Newcastle Helix, Newcastle upon Tyne NE4 5BZ and we are authorised and regulated by the Solicitors Regulation Authority (Authorisation number 643191). We use the word ‘partner’ to refer to a member of Hay & Kilner LLP. A list of the members is available at our registered office.