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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

  • Steven Petrie – decisive, engaging and constructive.

    Legal 500, client quote
  • Jane Garvin – knowledgeable and exceptionally efficient. Strong technical skills.

    Legal 500, client quote
  • Good strength and knowledge. Clear, direct and no nonsense approach.

    Legal 500
  • I find that the team that support us are an extension of our organisation. Vicki Alexander is especially helpful.

    Legal 500, client quote
  • We have worked with Ward Hadaway LLP for a number of years. They are always approachable and offer impartial advice.

    Legal 500, client quote
  • For me this is 100% the people, the communication is second to none.

    Legal 500
  • They provide a consistently strong performance when engaged that has seen them retain their position as one of my go-to firms for queries/support. Having a strong relationship of this nature is extremely valuable and where others have failed to meet expectations the same cannot be said for Ward Hadaway.

    Legal 500
  • ‘A regional law firm with an embedded footprint across the North, the Ward Hadaway LLP team are always extremely approachable and supportive with queries outside of work that they have been or expect to be formally engaged on.’

    Legal 500
  • ‘Imogen Holland is a highly skilled banking lawyer with a broad knowledge of the market and a pragmatic approach. She provides excellent advice to progress matters to a conclusion efficiently often working to tight deadlines.’

    Legal 500

What we're thinking