The team is experienced in all areas including:

• Administrations
• Administrative receiverships
• Bankruptcy
• Company voluntary arrangements
• Corporate recovery and re-organisations
• Directors' disqualifications
• Fraud investigations
• Individual voluntary arrangements
• Insolvent partnerships
• Liquidation
• LPA receiverships
• Asset/business purchases from liquidators/receivers

Led by Neil Harrold, a licensed insolvency practitioner, the team offers a comprehensive range of services to insolvency practitioners, banks and other financial institutions, companies and individuals including:

• Formal insolvency procedures and asset recoveries
• Advising creditors on preventative and risk mitigation strategies
• Advising troubled businesses on restructuring options
• Advising purchasers of businesses from insolvency practitioners
• Advising directors on duties and risk minimisation strategies

We are also able to draw on the expertise of the specialists in our commercial property, employment and construction units to provide a seamless service.

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Key Contacts:

Neil Harrold
Partner
Email
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Hay & Kilner's Corporate Restructuring & Insolvency team is recommended in the following independently researched guides to the UK legal profession:

Chambers Guide, 2009:
"This team has a solid reputation in the market, working on both personal and corporate insolvency matters. It has been active across England, taking on several Law of Partnership Act receiverships throughout the country, and successfully acting for a major bank on a contested charging order application, amongst other matters. "Highly reliable in technical issues," Neil Harrold heads the insolvency team and is highlighted by sources for his availability and client service."

Legal 500, 2009:
"At Hay & Kilner, clients value Neil Harrold's ‘knowledge of insolvency legislation' and ‘forcefulness in negotiating settlements'. The team successfully acted on a contested administration application against a charitable fundraising company."

Chambers Guide, 2008:
"Although a significant volume of this firm's recent work has consisted of personal insolvency matters, the team's experience also extends to corporate administrations and pre-pack sales of distressed businesses and their assets. A mixture of large and mid-tier IPs instructs the practice on the back of its 'responsiveness' and 'sound technical skills'. The group has a number of noted niche strengths, including advising banks on their right to levy charges on insolvent individuals proposing to enter into voluntary arrangements. It also continues to assist a well-known client on the implementation of Law of Property Act receiverships, which in the past year has generated cases involving sums totalling several million pounds."

Legal 500 Guide, 2007:
"Licensed insolvency practitioner Neil Harrold is especially well regarded, heading a four-partner practice at Hay & Kilner, which clients say is ‘very good'. The firm undertakes a comprehensive mixture of corporate and personal insolvency work. Most of the major North East insolvency practitioners instruct the team, as do some based in Leeds, Manchester, Carlisle and the South East. Instructions also emanate from banks and other financial institutions."

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