Restructuring and Insolvency Service Newcastle

Restructuring & Insolvency

If your business is facing financial difficulties you need technical and practical specialist advice to quickly protect your interests and determine your best solution when it comes to restructuring, recovery or exit.

How we can help

We understand how devastating insolvency issues can be and the pressures that you face. We are on hand to provide advice and assistance in regards to the full range of corporate insolvency disputes as quickly and effectively as possible to limit the damage caused.

We can help with both corporate and personal insolvency issues and work with business owners, directors and professional service advisers. Our experts spend time discussing the options available to devise a timely and cost effective solution to help resolve the situation as quickly as possible.

As a full service firm we can also easily draw on the expertise of our specialists in related fields, including commercial property, construction, contractual disputes, debt recovery, employment and intellectual property, to provide a seamless service, ensuring that complex problems are resolved efficiently. See below for further information on how we can help you.

For further information about Company Voluntary Arrangements and Restructuring Plans, whether you are a company considering one or you are a landlord with a tenant in financial difficulties, please contact Neil Harrold.

  • Directors and their company

    We cover:

    • Advice to directors on duties and risk minimisation strategies
    • Advice to troubled companies on restructuring options
    • Defending directors and others facing investigation and / or asset recovery procedures by office-holders
    • Defending directors facing proceedings under the Company Directors Disqualification Act 1986
      -Defending directors facing criminal prosecution
  • Insolvency Practitioners

    We cover all types of corporate and personal insolvency and restructuring procedures, including:

    • Administrations
    • Company Voluntary Arrangements
    • Moratoriums
    • Restructuring Plans
    • Law of Property Act (fixed charge) Receiverships
    • Members’ Voluntary (solvent) Liquidations
    • Creditors’ Voluntary Liquidations
    • Compulsory (court ordered) Liquidations
    • Individual Voluntary Arrangements
    • Bankruptcies
  • Secured creditors

    We cover:

    • Advice on validity of security
    • Advice on options for enforcement
    • Prepare appointments of administrative receivers (if permissible), LPA receivers (if fixed charge held) and administrators (if qualifying floating charge held)
  • Unsecured creditors

    We cover:

    • Advice on recovery options, including potential for winding-up petitions and administration applications
    • Advice on preventative and risk mitigation strategies
    • Advice on retention of title and trust claims
  • Investors

    We cover:

    • Advice on purchases of assets and businesses of insolvent companies
  • Sales of assets and businesses of insolvent companies

    We cover:

    • Advice on sales of assets and businesses of insolvent companies
  • Investigation and asset recovery procedures

    We cover:

    • Informal examinations of company directors and bankrupts
    • Examinations under ss. 236 (company) and 366 (individual) Insolvency Act 1986
    • Misfeasance under s. 212 Insolvency Act 1986
    • Wrongful trading under s. 214 Insolvency Act 1986
    • Transactions at an Undervalue under ss. 238 (company) and 339 (individual) Insolvency Act 1986
    • Preferences under ss. 239 (company) and 340 (individual) Insolvency Act 1986

A mixture of large and mid-tier Insolvency Practitioners instructs the practice on the back of its 'responsiveness' and 'sound technical skills'.

Chambers & Partners

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.

Legal 500

Meet the team

Neil Harrold

Neil Harrold


Neil deals with all aspects of insolvent and distressed businesses, including advising insolvency practitioners, directors and senior management, secured and unsecured creditors, as well as investors looking for opportunities to regenerate businesses.

neil.harrold@hay-kilner.co.uk 0191 227 6713
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Charles Danjoux

Charles Danjoux


Charles is a Solicitor in our Corporate team.

charles.danjoux@hay-kilner.co.uk 0191 232 8345
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Beth Langley

Beth Langley


Beth joined Hay & Kilner as a Paralegal in the Corporate team having worked in the legal sector in the North East for a number of years. She has began her training contract and is currently sitting in our Commercial Property team.

beth.langley@hay-kilner.co.uk 0191 232 8345
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Relevant insights & events

Our regular restructuring & insolvency updates and events keep you up to date with all the latest legal developments you need to know about.

Get in touch

For further information on how we can help, click below to leave us a message and we will be back in touch as soon as possible.

‘Hay & Kilner’ and ‘Hay & Kilner Law Firm’ are both trading names of Hay & Kilner LLP, a limited liability partnership registered in England & Wales with registered number OC418767. Our registered office is at The Lumen, St James' Boulevard, Newcastle Helix, Newcastle upon Tyne NE4 5BZ and we are authorised and regulated by the Solicitors Regulation Authority (Authorisation number 643191). We use the word ‘partner’ to refer to a member of Hay & Kilner LLP. A list of the members is available at our registered office.