Corporate & Commercial

Business Restructuring & Insolvency

Business Restructuring & Insolvency

At Franklins Solicitors, our Business Services team helps companies navigate financial challenges with expert restructuring and insolvency advice. We provide clear, practical solutions to protect interests, minimise risk, and guide businesses through complex financial situations.

At Franklins Solicitors, our Business Services team helps companies navigate financial challenges with expert restructuring and insolvency advice. We provide clear, practical solutions to protect interests, minimise risk, and guide businesses through complex financial situations.

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What is Business Restructuring & Insolvency?

Business restructuring and insolvency law helps companies and individuals navigate financial challenges, safeguard assets, and ensure compliance with legal obligations. Whether it’s restructuring a business for growth, responding to financial distress, or dealing with formal insolvency proceedings, expert legal guidance is essential.

At Franklins, we support businesses, directors, creditors, and insolvency practitioners to find practical, timely solutions. Our team provides strategic advice to protect your interests, manage risk, and achieve the best possible outcome in challenging circumstances.

Key areas covered include:

  • Business restructuring and refinancing solutions
  • Insolvency proceedings for companies and individuals
  • Asset sales and acquisitions from insolvency practitioners
  • Statutory demands, winding-up and bankruptcy petitions
  • Fraudulent and wrongful trading claims
  • Director disqualification proceedings
  • Exit strategies and succession planning
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Our Business Restructuring & Insolvency Services

We provide specialist advice and representation tailored to your circumstances.

Restructuring & Refinancing

  • Guidance on Restructuring Options to Stabilise or Grow Your Business.

  • Refinancing Strategies to Manage Debts and Improve Cash Flow.

Buying or Selling an Insolvent Business

  • Assisting Management Teams, Investors, and Buyers in Acquiring Assets.

  • Negotiating with Insolvency Practitioners During Business Sales.

Insolvency Proceedings

  • Support for Companies Facing Liquidation, Administration, or Receivership.

  • Advice for Individuals Dealing with Bankruptcy or Personal Insolvency.

  • Representation for Directors and Business Owners in Insolvency-related Claims.

Advice for Creditors & Third Parties

  • Drafting and Serving Statutory Demands.

  • Issuing Winding-up Petitions and Bankruptcy Petitions.

  • Asset Recovery, Retention of Title Issues, and Debt Enforcement.

Director & Shareholder Protection

  • Advice on Wrongful Trading, Misfeasance, and Potential Personal Liability.

  • Preparing Director Service Agreements and Succession Planning Strategies.

Speak to our Corporate & Commercial Team

Whether you are setting up, scaling, buying, selling or protecting your business, our solicitors will help you move forward with clarity and confidence.

Contact

Andrea Smith

Partner

Christopher Buck

Associate Partner

Marc Button

Solicitor

Simon Long

Managing Partner

Tya Raikundalia

Solicitor

Corporate & Commercial

Why Choose Franklins Solicitors for
Business Restructuring & Insolvency?

Specialist Expertise

Over 30 years’ experience advising businesses, directors, and insolvency practitioners.

Tailored Support

Practical solutions shaped to your business’s unique challenges and objectives.

Proactive Guidance

Early intervention strategies to prevent
disputes and reduce risk.

Trusted Reputation

Lexcel and ISO 9001 accredited, with a proven record of excellence across the UK.

Corporate & Commercial

Business Restructuring & Insolvency FAQs

What is the difference between restructuring and insolvency?2025-09-01T11:54:26+01:00

Restructuring involves reorganising a business to improve financial health or prepare for future growth. Insolvency arises when a business or individual cannot pay their debts as they fall due.

Can you help if my business is struggling financially?2025-09-01T11:54:39+01:00

Yes. We provide advice on debt management, restructuring options, and, where necessary, formal insolvency proceedings.

Do you act for creditors as well as businesses in insolvency?2025-09-01T11:54:54+01:00

Absolutely. We regularly advise suppliers, landlords, and financial institutions on recovering debts and protecting their interests.

Can you help with cross-border insolvency?2025-09-01T11:55:36+01:00

Yes. Our team has experience handling international insolvency matters and can guide you through multi-jurisdictional challenges.

How much does it cost?2025-09-01T11:55:23+01:00

Costs depend on the complexity of the case. We offer fixed fees for some services and transparent pricing for more complex matters.

How long does the insolvency process take?2025-09-01T11:55:08+01:00

Timelines vary depending on the case. Some matters can be resolved quickly through restructuring, while others, such as formal insolvency proceedings, may take months.

Experienced Solicitors Providing Expert Legal Advice

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