Welcome to Hay & Kilner

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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Hay & Kilner's corporate restructuring team is recommended in The Legal 500 2007, an independent guide to the UK legal profession:

 

"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."

 

The team is also recommended in Chambers Guide to the Legal Profession 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."

 

"'Thorough' licensed IP Neil Harrold regularly deals with both corporate and personal insolvency matters, and has won loyal clients through a combination of 'commercial nous' and 'technical ability'. He is particularly valued for his experience in dealing with bankruptcies, where a 'professional attitude' is key to his success."

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