Expertise
Andrew guides clients through the issues and risks of insolvencies and reorganisations to obtain successful outcomes. Andrew provides structured, timely and commercial advice to office holders, creditors and debtors on complex, domestic and cross-border insolvencies.
- Experience
- Advising and assisting in all forms of formal and informal insolvency procedures and restructurings.
- Acting for office holders and directors in pursuing and responding to Insolvency and Companies Act claims, including tax avoidance claims; breach of directors' duties; antecedent transactions; unlawful distributions.
- Acting for secured lenders, including receivables financiers, in advising on security and enforcement options (including associated guarantor action) and assisting subsequently appointed office holders in asset realisations.
- Advising and assisting directors on their duties and available options to respond to a company’s financial distress.
- Acting for both administrators and third party purchasers in facilitating the sale and purchase of business and assets of companies in administration, including various pre-packaged sales.
- Assisting Moorgate Industries UK Limited in revoking the individual voluntary arrangement of Pramod Mittal pursuant to s262 IA86, described as one the UK’s biggest bankruptcies involving alleged creditors of over £2bn, having previously represented Moorgate in obtaining a bankruptcy order in respect of a $170m debt.
- Advising D&O insurer on coverage issues and risks in relation to various Insolvency Act claims brought by the liquidators of a former High Street retail store against the former directors.
- Advising UK airline on its enforcement rights, including the associated risks of exercising its PoA under a slot transfer agreement, following the administration of competitor airline
- Advising and assisting creditors and debtors in relation to various creditor enforcement proceedings, including injunctions restraining presentation of petitions and applications to set aside statutory demands.
- Advising various stakeholders in relation to retail and casual dining CVAs and debt restructurings, including debtor companies and landlords.
