Penningtons Manches Cooper's multi-disciplinary team provides practical, commercial guidance for financial institutions, borrowers, companies, insolvency practitioners, directors, individuals, creditors, pension trustees and other insolvency stakeholders. We advise on the full spectrum of restructuring, insolvency, bankruptcy and recovery.
Our team's expertise covers all types of contentious and non-contentious restructurings and insolvencies. We actively apply the sector capabilities of our real estate, retail, travel, hotels and leisure, technology, healthcare and pensions groups, enabling us to provide pragmatic market insight along with our specialist advice.
We work closely with financial institutions, directors, shareholders, insolvency practitioners, creditors and other insolvency stakeholders to find workable solutions to clients seeking financial, trading or operational restructuring and insolvency guidance.
Whilst overseeing the legal issues in a restructuring, we also focus on the needs of the business, its managers, owners, lenders, and employees and work hard to deliver solutions which take into account the concerns of all the organisation’s key stakeholders. Our lawyers have established long-standing relationships with a variety of financial institutions, banks and funds which can assist both businesses and individuals to manage and survive their problems.
In addition to supporting clients across the UK, our team frequently advises on a wide variety of cross-border transactions and recoveries, with a particular focus on organisations in mainland Europe, the US, Far East, India and Russia.
Advising the Brightside Group, an AIM listed insurance broker with 1,000 employees, on its complex £127 million solvent sale through a scheme of arrangement and share capital reduction effected restructuring.
Acting for London based fashion chain All Saints on a £107 million debt and equity restructuring and refinancing as well as dealing with outstanding issues relating to former shareholders and suppliers.
Advising the Winning Moves Group, which produces family favourite games such as Monopoly, Top Trumps and Rubik’s Cube, on French, US and UK reorganisations, a German restructuring and an aggressive cross-border dispute relating to various subsidiaries.