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Services

Business Recovery and Turnaround

We advise businesses that need to restructure in order to ensure long term financial viability. Turnaround is sometimes referred to as business rescue and this may be appropriate if the potential outcome of doing nothing is the failure of the business.

Our advisory services are not limited to dealing with immediate threats of insolvency, however, we regularly advise our clients on refinancing options, best practice governance, staff redeployment strategies and a range of other business recovery and turnaround solutions. We also have access to individuals who can join businesses on a part time consultancy basis to assist its management team with the execution of a business recovery strategy.

26/11/2020

Assigning Claims to Creditors

What is an Assignment? An assignment is the transfer of a right from one party to another. A cause of action by which a party may be able to enforce a right is a chose in action and, in principle, is capable of assignment. Generally speaking a cause of action cannot be assigned if that…

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Contact Us Today

Use the form below to get in touch with us about any questions you might have.

KEY CONTACT

Stephen Rome
Director, Dispute Resolution

Stephen has developed a broad practice to assist the diverse range of assistance our commercial clients requires. He had advised clients in the energy, real estate, automotive and financial services sectors. He has acted in disputes involving claims for breach of contract, fraud, misrepresentation, breach of fiduciary duty and insolvency. His multi-disciplinary experience means Stephen…

Team

Lauren Hartigan-Pritchard

Business Manager, Restructuring & Insolvency Consultant

Helena Morrissey

Director, Employment & HR Law

Fiona Boxwell

Associate Director, Corporate

Stewart Coles

Associate Director, Commercial Property

Contact

Give us a call and we’ll get you to the right office and person to help you with your requirements.

T. 0345 20 73 72 8 T. 0345 20 73 72 8

Our latest news and events

15/01/2021

Chance for five local charities to benefit from chosen status at Thursfields

Five local charities are to receive focused fundraising, awareness and volunteer support from Thursfields Solicitors for the 2021-22 year. The new charity of the year application window has now opened, and entries will be accepted for consideration until 20 March. The successful charities will then become Thursfields’ chosen charities from 1 May to 30 April…

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13/01/2021

Consider carefully before punishing workers for refusing the COVID-19 jab

Employers should give careful consideration before taking disciplinary action or even sacking workers who refuse COVID-19 vaccinations. The advice from an employment expert James Monk, an associate director in the Employment department at Thursfields, came after a national debate over whether employers can or should be able to insist that their staff are inoculated. James…

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