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Restructuring and Insolvency

Restructuring and Insolvency

The deepening recession points to the likelihood of further falls in property values and weakened demand for new developments. We anticipate a rise in the number of insolvencies where real estate is either at the core of a business or where it plays a significant part.

Trowers & Hamlins' Real Estate Restructuring and Insolvency group has the experience and expertise to advise property investors, occupiers and funders on all aspects of real estate-related insolvency. Consisting of 21 partners and five further lawyers the Restructuring and Insolvency team includes veterans of the early 1990s recession. Together the team is familiar with the legal and strategic steps that need to be taken by organisations faced with the following scenarios:

  • insolvent tenants
  • fixed charge receiverships
  • administration (in particular "pre-pack" administrations), and
  • distressed opportunities (debt and asset based).

To ensure that our advice is not only technically correct but also commercially informed, our Real Estate Restructuring and Insolvency group is drawn from a number of different specialised areas within the firm, including commercial real estate, construction, real estate development, housing, banking, corporate and dispute resolution. We also have close contacts with insolvency practitioners, accountants and surveyors, and have the experience and capability to project manage large teams of professionals as well as advising on specific legal issues.

Advice in a changing market

Our real estate lawyers recognise the opportunities and challenges presented by the constantly changing real estate market and we work hard to ensure that advice is delivered in an informed, commercial, and pragmatic way, underpinned by a thorough understanding of the complexities of the law.

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