The Client
A firm appointed as administrators to a group of companies undergoing financial restructuring.
The Challenge
The client was initially appointed as administrators to a group of companies. As the administrations progressed, it became clear that a transition to compulsory liquidation would better serve the interests of creditors and stakeholders. This required a rare and complex legal process, involving court approval and close coordination with the Official Receiver. The matter was described by the court as both “rare” and “complicated,” requiring precise legal navigation under tight time constraints.
Our Approach
The Herrington Carmichael team provided responsive and practical legal support throughout the process, including:
- Advising on the legal mechanics of converting administrations into compulsory liquidations
- Coordinating with the Official Receiver to ensure procedural compliance
- Managing court submissions and addressing the unique legal considerations raised by the transition
- Delivering time-sensitive advice to support the client’s decision-making and execution
The Outcome
The transition from administration to compulsory liquidation was successfully completed ahead of the administration expiry date. The client praised the team for its clear, practical advice and ability to deliver under pressure, helping to secure the best possible outcome for creditors and stakeholders.
What Our Team Said
Edward Beedham, Senior Solicitor, commented:
“This transaction required swift, precise execution, and we were pleased to support the client in navigating the legal complexities involved. Our team remains committed to helping the client deliver effective outcomes for creditors and stakeholders alike.”
The Team
The project was led by Edward Beedham, Corporate Senior Solicitor, with support from Jake Gatley, Dispute Resolution Senior Solicitor.