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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 advises 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 advises 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 is known for its 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 has 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 is 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

Your Key Contacts

Testimonials

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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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Lester Aldridge LLP‘s restructuring and insolvency department is best known for its non-contentious corporate insolvency work. This involves advising on administration and liquidation appointments, insolvency transactions, demergers and procedural applications. The department has specialist sector knowledge in charities, hospitality and leisure. Practice head Melia Hirst advises insolvent companies while Nick Keitley specialises in corporate restructuring. Rebecca Walker has expertise in the financial services sector and Matthew Barrow is well-versed in enforcement of securities.Close quote
Insolvency & Corporate Recovery - Tier 1
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Lester Aldridge houses a dedicated South Coast insolvency team known for its expertise in non-contentious matters. It assists insolvency practitioners with a full range of matters including administrations and liquidations. It is also known for its work on restructurings and turnarounds for lenders and corporate groups. The insolvency team is able to draw on the strengths of its corporate, property and healthcare teams.

Strengths
"The team have excellent knowledge and technical skill. They provide practical and commercially-aware advice."

"They have a wide range of experience and they're always able to seek specific advice to assist with our enquiries."

"They were available to respond to requests within a short time frame, which enabled the case to progress in a timely manner."Close quote
Restructuring/Insolvency - The South
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Lester Aldridge are a highly reputable firm in the Solent area. I have every confidence in the advice they provided. Their R&I team are also very commercial and able to cut through complicated legal matters with strategies designed to maximise return/outcome. I would not hesitate to recommend them to clients.Close quote
Client testimonial
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Nick Keitley is a lovely guy, technically excellent and able to apply the law in a commercial way. Rebecca is friendly, technically excellent and is able to work under pressure and to tight timeframes when its required. Melia is friendly, technically excellent and I would not hesitate to recommend any of the R&I team to a client.Close quote
Client testimonial
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Great wide ranging team that can offer services all around the subject.Close quote
Client testimonial
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A widely experienced team who know what they are doing, particularly in non-contentious insolvency with a developing practice in contentious matters as well.

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The Legal 500 UK 2023