Restructuring and Insolvency Solicitors

Restructuring & Insolvency

At Michelmores we act for insolvency practitioners, borrowers, lenders, professional advisors, directors and members of companies, partnerships and individuals including both creditors and debtors in every aspect of restructuring and insolvency, whether corporate or personal, contentious or non-contentious.

We offer a first rate, efficient, expedient and economic service based on our thorough knowledge of the subject and the unrivalled experience of our Restructuring and Insolvency Solicitors.

Restructuring and Turnaround

We regularly provide advice to companies, directors, lenders and other stakeholders on the financial restructuring of companies, both domestically and internationally. Our experience includes providing advice in respect of debt-to-equity swaps, restructuring or re-scheduling of senior, mezzanine and unsecured loans and other financial instruments including bonds and swap arrangements. We have significant experience in formal restructuring mechanisms such as voluntary arrangements and schemes of arrangement as well as informal bi-lateral negotiations and comprehensive experience of formal insolvency procedures.


Our team has very considerable experience in dealing with every aspect of insolvency and in acting for insolvency practitioners in respect of the disposal and recovery of assets, antecedent transactions, directors' disqualification proceedings and all aspects of corporate and personal insolvency whether of a contentious or non-contentious nature.


I keep going to them because of their expertise and speedy responses.
Chambers and Partners 2020
Michelmores are very strong in the South West peninsula, delivering a very good performance in complex, high-value cases.
Chambers and Partners 2020
The team provides high quality, commercial and hands-on advice in complex situations.
Legal 500 2020
They provide a really good service, I have no queries. It's a slick operation.
Chambers 2018
Level headed and commercial.
Chambers 2018
Punches above its weight and is able to advise on some very complex international transactions.
Legal 500 2017
A real quality firm. We have a great partnership and enjoy working with them. Michelmores in particular stand out for their value for money.
Chambers 2017
The great thing about them is that when you come to them with a problem, they take a whole team approach and they can deal with it - they have loads of experience.
Chambers 2016
Collaborative; Good technical knowledge; Personable.
Legal 500 2022
Very experienced team and well set up. Reliable and commercial. Very nice team to deal with.
Legal 500 2022


Recent experience

  • Advising York Global Finance BDH, LLC, one of the respondents to the Waterfall II application made by the directors of Lehman Brothers International (Europe) in connection with the distribution of the surplus in that administration.
  • Advising the UK board of directors of a major listed international law firm on their duties during a period of financial distress and restructuring. 
  • Advising the Luxembourg issuer of a €200m bond raised to provide finance for a large Spanish photovoltaic array in connection with its restructuring.
  • Advising Ticketus LLP in connection with its claim of £27m arising out of the collapse of the Rangers Football Club PLC.
  • Advising numerous individuals with the £multi-million debts based overseas in relation to English bankruptcy and IVA procedures.
  • Acting for the administrator of a media company with USA subsidiaries and dealing with a complex pre-pack asset sale.
  • Advising the liquidator of a recruitment company and dealing with recovery action against several associated parties in respect of voidable antecedent transactions.
  • Acting for the trustee in bankruptcy of a sole trader operating a haulage/agricultural business. Dealing with the contentious realisation of assets and the examination before the court of associated parties.