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When a business is in financial difficulty there are lots of different things to consider, whether that's exploring funding or restructuring options, dealing with creditors that are taking action against the business, making sure directors fulfil their duties to the company and creditors or even instigating formal insolvency proceedings.

It’s a stressful time – for both the insolvent company and the creditors – but we’re here to help. You’ll have access to support from one of the largest insolvency teams in the North. Our specialists have technical expertise and experience from working with national insolvency market leaders including RSM, Mazars and FRP to advising directors of business of all shapes and sizes and acting for secured and unsecured creditors.

Meanwhile, our in-house creditor services team is on hand to advise you on what happens after someone who owes you money has gone into a formal insolvency process. We can help you lodge your claim, advise on the content of Voluntary Arrangement proposals, and help you engage with insolvency practitioners across the UK.

Through every step of the process, we combine honest approachability and strict confidentiality, to give you the full picture and all of the available options.

Our services
  • Advising businesses, individuals, charities and public sector bodies that find themselves having to deal with companies that are financially distressed or insolvent on the legal and commercial implications as well as putting in place strategies or taking action where appropriate
  • Advice to directors and shareholders
  • Advice to Insolvency Practitioners
  • Advice to secured and unsecured creditors
  • Advice to banks, asset-based lenders and private funders
  • Advising on claims made by Insolvency Practitioners
  • Director disqualification issues
  • Restructuring and turnaround advice
  • Rights against insolvent companies and their insurers
  • Buying and selling businesses and/or assets where the seller is insolvent
  • Pursuing or defending claims and litigation arising out of a formal insolvency process
  • Enforcement and recovery action
Additional services
  • Tracing services and data intelligence
  • Employment searches
  • Proxy service
  • Wider litigation support
  • Free training and presentations
  • Assisting with disputed/contested cases
  • Applications to set aside and annulments

Contact a specialist

Steven Petrie

Partner | Head of Commercial Dispute Resolution

+44 (0) 330 137 3237

+44 (0)771 140 1285

Email Steven Petrie

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Jane Garvin

Partner | Insolvency and Corporate Recovery

+44 (0) 330 137 3236

+44 (0)772 526 2672

Email Jane Garvin

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Mark Wilkinson

Partner | Insolvency and Corporate Recovery

+44 (0)330 137 3244

+44 (0)780 196 5239

Email Mark Wilkinson

Read bio

View all contacts

What people say

  • The team has delivered solutions time and time again. This advice is often delivered in stressful environments where emotions are high and the team has always approached the challenges in a practical and common sense manner, allowing swift progress and understanding for those experiencing the world of insolvency (often for the first time).

    Legal 500, Client quote
  • Not only technically excellent, but also approachable and very commercial.

    Legal 500
  • They can deal with lots of different insolvency matters, they have a very good team and we always have access to someone that can solve our issues.They are incredibly efficient, on top of the detail and commercially minded.

    Client quote
  • Ward Hadaway is 'very efficient and can match costs to the funds available'.

    Legal 500
  • They are prepared to listen to what the client wants and they meet their needs.

    Client quote, Chambers & Partners
  • The 'commercially astute' team at Ward Hadaway is an 'excellent resource' for clients and provides a 'first-class' service.

    Legal 500
  • Strong practice working with large companies and insolvency practitioners on the full scope of business recovery work. Recognised for work in the construction market.

    Chambers & Partners
  • Helpful and supportive team … very amenable and approachable

    Legal 500
  • Offers significant experience in both corporate and personal insolvency.

    Chambers & Partners

What we're thinking