The capability to handle complex multimillion-pound assignments while being equally adept within the middle market keeps DLA Piper at the top when it comes to providing legal advice on insolvency and corporate recovery issues.
The firm is one of only two to gain a top rating for its expertise in the field and the sole business operating out of South Yorkshire.
Recent successes include acting for Dyson in a complex debt-for-equity and pension restructuring programme, valued at £100 million.
Irwin Mitchell, HLW Commercial Lawyers, Taylor & Emmet and Wake Smith & Tofields secure places further down the rankings. Irwin Mitchell’s team, which includes joint national practice head Andrew Walker, is praised for its commercial, client-focused approach and, during the last year, advised corporate recovery specialist Begbies Traynor on how Scottish and English insolvency rules interact.
HLW acts for a number of major insolvency practices, including The P&A Partnership, Wilson Field and Abbey Taylor, while Taylor & Emmet acted for the liquidator of Nonna’s restaurant on the sale of the business.
Wake Smith & Tofields’ practice, led by John Baddeley, recently advised Yorkshire Bank on an Enterprise Finance Guarantee loan to assist a management buy-out at Lightmain Leisure, the Wath-upon-Dearne developer of all weather multi-use games areas, skate parks, playground equipment, shelters and street furniture.