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Our dedicated team of specialists have a wealth of commitment, experience and knowledge in advising on all aspects of restructuring and insolvency.

What can our insolvency solicitors help with?

The team advise on transactions, strategic planning and viability reviews as well as carrying out claims work and other litigation arising on both corporate and personal insolvency matters. They offer responsive, practical, commercial and technical advice to their clients, often in a time critical manner.

With a primary focus in working with licensed insolvency practitioners, the team advise on strategy and process for their appointments. They provide guidance to ensure full compliance by office holders of their statutory and regulatory duties with a view to maximising recoveries to the insolvency estate for the benefit of creditors. This in turn means that they are well placed to advise those that are owed monies by insolvent entities within the UK as to how to maximise their recovery and the options and strategy for enforcement.

Providing assistance to directors, members and boards as to their duties and responsibilities when their entity becomes distressed, the team provides sensitive and discreet guidance on the options for rescuing the business where feasible or winding-up in an orderly manner. Where a company is ceasing to trade but is solvent, the team advise on solvent liquidations and group reorganisations and related transactions.

Our team of insolvency solicitors always apply technical knowledge to ensure the best possible outcome for clients in a cost-efficient manner, taking into account the commercial reality of the situation.

The team frequently draw on the expertise of others within the wider firm to provide tailored advice in connection with issues relating to property, healthcare, employment, education, charities and shipping and marine.

Through our separate creditor-led practice Litigation & Recoveries, our specialists can assist with the process for initiating the formal insolvency of entities and individuals that owe money.

Who do our insolvency lawyers help?

  • Insolvency Practitioners
  • Creditors owed monies by an insolvent party
  • Banks, other lenders and financiers
  • Suppliers to an insolvent party
  • Landlords of insolvent tenants
  • Directors and boards
  • Shareholders

The team is solely dedicated to restructuring and insolvency work and are known for their breadth and depth of experience in this area.

With a technical focus and reputation for dealing with more complex matters arising out of insolvency and business distress, the team have been recognised for their skill and problem solving capabilities.

With time being of the essence in most situations involving a distressed or insolvent entity, the team understand the need for urgency and pride themselves on their responsiveness and efficiency.

Our team of insolvency lawyers are focused on working collaboratively with their clients to achieve the required outcome in the timeframe needed and seek to maintain commerciality at all times.


Restructuring & Insolvency

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Testimonials

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Dedicated South Coast insolvency team known for its expertise in non-contentious matters. Assists insolvency practitioners with a full range of matters including administrations and liquidations. Also known for its work on restructurings and turnarounds for lenders and corporate groups. Able to draw on the strengths of its corporate, property and healthcare teams.
Sources note: "Commerciality is the overarching objective behind everything they do."
One client describes the firm as "a very well-respected South Coast legal practice."
A client reports: "Lester Aldridge are pragmatic and understand the commerciality of decisions that need to be taken."
One interviewee says this is an "excellent" firm and that the "service is always fantastic."
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Restructuring/Insolvency: The South
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Nick Keitley and his colleagues are the leading Restructuring & Insolvency team on the South Coast. Astute, Jargon-free, Personable, Responsive and Value-for-Money are words that best describe their approach. They are my regular team of choice.Close quote
Corporate Advisory Services Partner & Head of Food Advisory Group
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For many years now we have worked alongside Nick and Melia on a range of formal and informal restructuring assignments which have varied from quite technical and bespoke matters to working together on large complex restructurings of national businesses. Both Nick and Melia are very well respected and held in high esteem amongst their peers. We place great value and trust in their technically strong and commercially astute advice.Close quote
RSM Restructuring Advisory LLP
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"The team are particularly good at dealing with the more unusual aspects of insolvency law."Close quote
Client testimonial
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"I would describe the team as knowledgeable, professional in their conduct, always providing insight and support both on technical and practical levels, willing to share ideas and solutions on complex and/or challenging issues. Whilst these strengths are not necessarily unique, as a package, I find them unrivalled in my geographical location."Close quote
Client testimonial
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"Very good technical knowledge. Work is turned around in short order. Large number of disciplines within the practice so able to call upon these, for example dealing with complex GDPR issues following the insolvency of a medical professional."Close quote
Client testimonial
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Based in Southampton, Lester Aldridge LLP is known for advising insolvency practitioners on non-contentious matters, including the appointment of administrators, procedural applications to court, and transactions related to insolvency. The team also frequently collaborates with the wider firm's real estate practice on insolvencies involving property. Practice head Nick Keitley works closely with many major insolvency practitioners, as well as advising boards of directors on restructurings and insolvencies. He is valued by clients for his 'sensible commercial approach'. Melia Hirst leads on many advisory and transactional matters, and also works with corporate and disputes colleagues on insolvency-related issues.Close quote
South East: Insolvency & Business Recovery