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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

Steven Petrie

Partner | Head of Commercial Dispute Resolution

+44 (0) 330 137 3237

+44 (0)771 140 1285

Email Steven Petrie

Read bio

Jane Garvin

Jane Garvin

Partner | Insolvency and Corporate Recovery

+44 (0) 330 137 3236

+44 (0)772 526 2672

Email Jane Garvin

Read bio

View all contacts

What people say

  • 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
  • They have a big team around them so they can cope with the specialist jobs.

    Client quote, Chambers & Partners
  • Ward Hadaway’s insolvency team is noted for its ‘good service and response times, and value for money.'

    LEGAL 500
  • They are very responsive, always available and very good value.


What we're thinking

  • Government presses on with its Apprenticeship Levy plans

    In line with its commitment to implement new apprenticeship arrangements from next May, a raft of documentation was published on 25 October 2016 on GOV.UK. Publications from the Department for Education (DfE) and the Skills Funding Agency (SFA) set out in considerable detail how levy and apprenticeship training will interact as the Government looks to drive up both quality and quantity in apprenticeships.