Restructuring and Insolvency


Restructuring & Insolvency Solicitors

Restructuring and Insolvency Strategic Advice for Businesses

Regulatory compliance is a critical aspect of operating a business in an increasingly complex legal environment. Organisations must comply with a wide range of statutory, regulatory, and governance obligations, with failure to do so exposing directors and businesses to enforcement action, financial penalties, and reputational risk.

Lyon Croft Law advises businesses on navigating regulatory requirements with clarity and confidence. We provide practical, commercially focused guidance designed to help organisations manage compliance risk, meet regulatory expectations, and operate effectively within evolving legal frameworks.

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Core Services

Restructuring and Turnaround Planning

Early legal intervention can preserve value and create viable recovery options. We advise businesses experiencing financial distress on restructuring strategies designed to stabilise operations, address cash flow pressure, and improve long-term viability. Our advice includes debt restructuring, asset realignment, refinancing arrangements, and strategic reorganisation carried out in compliance with UK insolvency law.

Director and Board Advisory

When a company faces financial difficulty, directors’ duties change significantly. We advise directors and board members on their legal obligations, governance responsibilities, and personal risk exposure, including wrongful trading considerations and duties under insolvency legislation. Our guidance is focused on risk mitigation, informed decision-making, and business continuity planning.

Formal Insolvency Procedures

Where financial recovery is no longer achievable, we provide clear advice on formal insolvency options. This includes company voluntary arrangements (CVAs), administration, receivership, and creditors’ voluntary liquidation (CVL). We work closely with insolvency practitioners to ensure procedures are managed lawfully, efficiently, and with stakeholder interests in mind.

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Pre-Pack Administration and Business Sales

We advise on pre-pack administration and distressed business sales, helping clients preserve viable parts of a business while managing legal and regulatory risk. Our support covers transaction structuring, asset transfers, employment considerations, and compliance with insolvency best practice.

Insolvency Disputes and Investigations

We act in disputes arising from insolvency situations, including claims brought by liquidators or administrators. This includes defending allegations of misfeasance, preferences, transactions at undervalue, and breaches of directors’ duties. Our approach is strategic, evidence-led, and focused on protecting personal and commercial interests.

Creditor Advisory and Recovery

We also represent creditors in insolvency scenarios, advising on debt recovery options, enforcement strategy, and responses to proposed insolvency arrangements. Our aim is to protect creditor rights and maximise recovery prospects within the insolvency framework.

Why choose Lyon Croft Law?

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Lyon Croft Law brings extensive experience advising businesses and directors through financial distress, combining technical insolvency expertise with commercial judgment. We provide clear, decisive advice tailored to complex and time-critical situations.

Clients trust us for our responsive approach, up-to-date knowledge of insolvency and governance obligations, and ability to deliver proportionate strategies that protect position, manage risk, and support the best possible outcome.

Client Benefits

Early, strategic legal advice during financial distress helps protect business value, manage risk, and preserve options. By understanding available restructuring or insolvency routes at an early stage, businesses and directors are better positioned to make informed decisions and avoid unnecessary personal or commercial exposure.

Our approach provides clarity at a critical time. Clients benefit from realistic assessments, proportionate strategies, and decisive guidance designed to stabilise operations, manage stakeholder relationships, and achieve the best possible outcome, whether through recovery, restructuring, or an orderly exit.

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How can we help you?

Our approachable team specialises in addressing diverse complex legal challenges, whether you are a small to medium-sized corporation, an entrepreneur, or a private individual. We provide expert advice tailored to the intricacies of your matter. For a consultation on how Lyon Croft Law can assist you, please call us on +44 (0) 203 576 7170 or email us at info@lyoncroft.co.uk.

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