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Our Expertise Banking Business Recovery & Insolvency
Business Recovery & Insolvency:   News     Events     Publications     People     Offices     Links     FAQs  

Members of the Business Recovery & Insolvency team are located in each of our UK and European offices.

Working closely with other teams within the firm, in particular the Corporate, Asset Based Lending, Banking and Pensions teams, our turnaround and rescue specialists advise clients on how to avoid formal insolvency proceedings, supporting the Government led enterprise and rescue culture in modern business. We also provide practical, commercial legal support to boards of company directors faced with financial difficulty to try and ensure that they comply with their duties.

Our recent successes in cross-border administration applications pursuant to the EC Regulation on Insolvency Proceedings demonstrate the strong links between the UK Business Recovery & Insolvency team and our counterparts in Europe and the benefits of a full multi-jurisdictional service approach appropriate to the international business world.

The strength of the team over such a wide geographical area means we always act quickly and can be on site anywhere in the UK and most of Europe, with the capacity and experience to deal with multi-site restructurings or insolvencies.

Within the team are specialists in all formal categories of insolvency ranging from bankruptcy through voluntary arrangements to all forms of receiverships, administration and liquidation. We also have a strong contentious team, including accredited mediators, who have a track record of delivering successful solutions where disputes arise.

Our UK team of ten partners and 24 other fee earners is dedicated to serving our clients' needs across the full range of the recovery and insolvency sector. Several of our UK lawyers are also qualified as Insolvency Practitioners, although we do not take formal appointments. This ensures that our clients receive commercial and impartial advice.

The Business Recovery & Insolvency team works with directors and management teams, corporates, financial institutions and fellow insolvency professionals to ensure a maximum recovery to stakeholders wherever a business faces financial difficulty.

If you are an insolvency practitioner, you may also have a statutory duty to appoint an independent trustee to the company's pension scheme. Our pensions colleagues can provide this service. For further information click here.


Key contact
Keith Brandt - Partner, Senior Partner of Hammonds Hong Kong and Chief Representative of Hammonds Beijing Representative office - Hammonds Beijing, Hammonds Hong Kong, Hammonds LLP London
Cathryn Williams - Partner - Hammonds LLP London
John Alderton - Partner - Hammonds LLP Leeds
Susan Kelly - Partner, Head of Business Recovery & Insolvency - Hammonds LLP Manchester
Stephen George - Partner - Hammonds LLP Birmingham
Key facts
"this group of highly effective, commercially aware lawyers is hot on the heels of its top-tier rivals..." – UK Chambers and Partners, 2010.
"Efficient and results orientated...the highly innovative team at Hammonds is quick to find solutions." - Legal 500, 2009.
The pan-European team is supported by specialists in property, tax, employment, intellectual property, corporate, pensions and insurance law.
The insolvency team has unique and specialist expertise in the factoring and invoice discounting industry which, as it rapidly expands into the primary financing market, has an increasing need for our assistance in the taking and enforcing of security over assets.
We advise R3 on the interpretation of insolvency law and, as members of the R3 Technical Committee, contribute to the drafting of key legislation.
Our clients include: Pwc, KPMG, Ernst & Young, Grant Thornton, Deloitte, BDO Stoy Hayward, Kroll, Baker Tilly, RSM Robson Rhodes, Smith & Williamson, Tenon and Begbies Traynor, together with many of the clients of the Asset Based Lending and Banking & Finance teams.
Members of the team are participants in and give presentations to the Turnaround Management Association.
Other contacts
Antoine AdelineHammonds Hausmann Paris
Anna FrumentoR&P Legal - Rossotto, Colombatto & Partners, Turin
Fernando ServetHammonds LLP Madrid
Devinder SinghHammonds LLP Birmingham
Frank Walter-von GierkeHammonds LLP Berlin

 
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