Business Restructuring

Who we are 

Tyr’s business restructuring and insolvency offering specialises in all types of insolvency work, including contentious and non-contentious matters. That includes pre-insolvency advice, receiverships, post-appointment contentious work, director advisory roles and transactional insolvency matters.  

What we do 

The firm advises on a full range of matters, such as: 

• Acting for office holders and buyers on the sale and purchase of assets 
• Acting for lenders and borrowers on refinance matters 
• Acting for directors on personal guarantee liabilities and directors’ duties issues 
• High value complex disputes acting for office holders, litigation funders and directors  
• High value complex disputes and litigation across all aspects of corporate and personal insolvency with a particular focus on breach of duty, antecedent transactions under the Insolvency Act 1986 and other restitutionary claims resulting in a return to creditors
• Regulatory insolvency matters 

How we can help you 

The team has significant experience acting on behalf of insolvency practitioners, appointment takers, litigation funders, financial institutions, companies, directors, creditors, individuals, property agents and turnaround professionals from across the country on all aspects of corporate recovery, restructuring and insolvency work.

Examples of the team’s recent and previous experience 

• We acted for a financial institution on the enforceability on its security over shares, the possible impact of such enforcement and advising the appointed receiver on the subsequent sale of the shares. 
• We acted for a financial institution on the enforceability of personal guarantees over various properties including borrower owned properties with occupational issues. 
• We regularly act for boards of directors in the run up to an insolvency advising them on their director’s duties and other conduct issues. 
• We acted for the receivers on the sale of 50 plus residential units and associated management company issues. 
• We drafted and negotiated security documents to secure refinance facilities offered by our financial institution clients. 
• We acted for a liquidator on various applications and restitutional claims in the liquidation of a multi-million pound turnover recruitment company including claims brought under sections 127, 212-214 and 238-239 Insolvency Act, claims in unjust enrichment and knowing receipt / constructive trust. 
• We acted for a trustee in bankruptcy in complex multi-million pound claims under section 423 Insolvency Act to challenge legal charges placed on residential properties. 
• We acted for the administrators of Wigan Athletic Football Club and group companies. 
• We advised on numerous high profile football club insolvencies.