Organisations impacted by, or contingency planning for, financial distress or insolvency need advice that is clear, concise and informed.
Our dedicated Restructuring and Insolvency team is one of the biggest and most experienced in Scotland, providing legal support that is grounded in technical precision and commercial insight.
With expertise spanning multiple sectors, our specialist team provides focused advice in relation to all corporate and personal insolvency regimes. We work with parties who are impacted directly or indirectly by financial distress and/or insolvency, including: lenders/funders, borrowers; insolvency practitioners; corporates; their directors, unincorporated organisations; public bodies; individuals; and other stakeholders.
Our experience includes equity and financial restructurings, enforcement and formal insolvency appointments, contingency planning, business loan and asset sales/acquisitions arising from insolvency or non-performance, asset recovery and challengeable transactions. We also advise directors on their duties, disputes, personal liability and disqualification. Our advice ranges from transactional, advisory to litigation support.
Brodies has an incredibly strong Scottish practice, and the restructuring team can call upon the specialisms throughout the wider practice as required. You always know that Brodies will help you find a solution and provide good advice.Legal 500 UK 2024
In-depth knowledge and experience of dealing with insolvency and restructuring scenarios across the whole team, great ability to react quickly to large, complex and contentious situations.Legal 500 UK 2024
The partners and staff are knowledgeable in their fields and are available to discuss matters as they arise. As a full-service law firm, there is always someone on hand to assist with queriesLegal 500 UK 2024
Brodies has a good spread of restructuring, banking, litigation and insolvency specialists.Chambers UK 2024
Restructuring & Insolvency key highlights
- Advised on the airline insolvencies of Thomas Cook, Flybe and Flybmi.
- Acted as lead Scottish Counsel in the administration of the Johnston Publishing Group.
- Advised on major UK retail CVAs and insolvencies, including Arcadia, Debenhams, Homebase, House of Frasers, Jack Wills and Monsoon.
- Advised international clients on their restructuring options for UK based subsidiaries.
- Advised various contract counterparties in relation to contracts with WrightBus Limited (in Administration).