Restructuring and Insolvency

Restructuring and Insolvency

When businesses fail, the impact can be wide-ranging, affecting financiers, other businesses, creditors, directors, shareholders and employees.

Our team

Our team has the knowledge to facilitate creative solutions and the proactivity to implement them for clients such as insolvency practitioners, financial institutions, ailing businesses and individuals in difficult circumstances.

A difficult financial climate may also present opportunities for ambitious clients to buy businesses or assets from administrators or receivers, or via the "pre-pack" route.

If you have plans to acquire a business that is in financial difficulty, wish to examine your position or feel the need for expert restructuring and/or insolvency advice, your professional advisers need to be pro-active not reactive, and understand the commercial realities.

These skills form the cornerstone of our restructuring and insolvency practice.

Here’s how we can help

The team has a wealth of experience in matters which range from pre-appointment considerations, security reviews and corporate restructuring, through acting for administrative receivers, administrators, liquidators, nominees and supervisors in relation to formal insolvency procedures, to dealing with matters such as wrongful trading, preference and undervalue transactions, director and creditor issues.

Creditor Claims

We are able to provide experienced advice on insolvency procedures and claims in general and will submit proof of debt claims, attend creditor meetings, consider the terms of voluntary arrangement proposals and deal with any other concerns that creditors may have.

Solvent Reconstructions

We also have a depth of experience in advising on solvent reorganisations including demergers, mergers, hive ups and voluntary liquidations.

Personal Insolvency

When individuals or small businesses that are not incorporated find themselves in financial difficulty or under creditor pressure, if instructed in time, we advise on the possibility of achieving some form of stability in order to prevent insolvency.

We advise on the preparation of individual voluntary arrangements and the subsequent application to court for approval.

We take instructions from supervisors of voluntary arrangements and from trustees in bankruptcy. We may be asked to investigate an individual's assets, issue proceedings for recovery of debts or obtain an income payment order from the bankrupt.


For further information please contact Stephen McNicol, call 0191 211 7904 or alternatively email us at advice@muckle-llp.com

Home | Site Map

Call us on: 0191 211 7777