The current law regarding insolvency was introduced by the Insolvency Act of 1986. Subsequently, practice in this area has developed as a result of case law and statutory amendments.

• A specialist service provided by highly capable personnel who can draw on many years' experience to offer practical guidance and pragmatic solutions in all aspects of business recovery and turnaround.
• Commitment to maintaining a high degree of partner involvement.
• Big firm advice at middle market competitive price
• Specific insolvency services available range from advice to insolvency practitioners, creditors and secured lenders.

The department's expertise and workload is divided into two distinct areas

Business Recovery

• Close support for owner managed businesses looking for strategies to enable their business to continue
• Liaison with the stakeholders and other supporters of the business i.e company doctors, non- executive directors, accountants and auditors and providers of finance
• Support during post rescue implementation i.e employee and property matters, refinancing, merger and expansion

Formal Insolvency

• Self contained department able to deal with all aspects of the insolvency process transactional/investigatory/contentious/non-contentious geared to a one to one working relationship with practitioners
• Comfortable with and eager to support sole practitioners and smaller insolvency practices
• Competent in all aspects of both personal and corporate insolvency
• In appropriate cases working on CFA basis
• Realistic and consensual billing policy
• Critical mass enabling the department to handle sizeable assignments

Chambers and Partners - Guide to the UK Legal Profession 2007:

"A dynamic firm that is growing in profile and size all the time"

" A terrific, solid and commercially aware service to clients."

Chambers and Partners 2008

The Lawyers: "Solid and reliable" David Cleary is the first port of call for many of the firm's IP clients. He is often called upon to handle corporate turnaround and recovery actions, on which matters he is considered a "major asset for the team". One interviewee paid tribute to his passion for the job, lauding him as an "efficient operator" and "eager for the work at hand". His colleague John Cooper is commended by a cross-section of sources for the results he achvieves in both personal and corporate insolvency. The support he offers to the group is considered crucial to the functioning of the whole team.

Contacts:
David Cleary
John Cooper