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Corporate Restructuring & Insolvency

BusinessCorporate Restructuring & Insolvency

Headed by Partner Neil Harrold, we have one of the leading corporate recovery teams in Newcastle upon Tyne.

At Hay & Kilner, we understand the pressures you face when you or your company have financial difficulties. Our highly experienced solicitors spend time working with our clients and discussing the options available before devising a timely and cost effective solution to help resolve the situation as quickly as possible.

We are praised for our work in The Legal 500, an independently researched guide to the UK legal profession: “Hay & Kilner‘s ‘exemplary’ practice undertakes a comprehensive mixture of corporate and personal insolvency work. Practice head Neil Harrold has excellent technical knowledge and tempers it with practical solutions’.”

Neil Harrold gave a presentation to the Newcastle Business & Property Court Forum meeting on 9 March 2020 on “CVAs – Legal essentials”. The slides are available here.

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

Further information on the Newcastle Business and Property Court Forum website, including how to subscribe to its mailing list can be found here.

Our corporate recovery team draws on the expertise of the firm’s specialists in related fields, including commercial propertyconstructioncontractual disputesdebt recovery, employment and intellectual property, to provide a seamless service, ensuring that complex problems are resolved efficiently and effectively.

  • "Head of department Neil Harrold is regarded as a 'good operator' who gives 'sound advice'. He acts for insolvency practitioners, companies and individuals."

    - Chambers & Partners

  • "Thank you for your help, I'm very grateful and happy it's all sorted... I feel like I have had a great weight lifted off my shoulders."

    - Client of Neil Harrold

  • "Practice head Neil Harrold has ‘excellent technical knowledge and tempers it with practical solutions'"

    - The Legal 500

  • "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."

    - Chambers Guide

  • "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."

    - Legal 500