With a practice rated as among the best in the North, DLA Piper is the only operation from Sheffield to secure a place among the top ranked insolvency teams in Yorkshire.
The Sheffield offices of three other firms - HLW Keeble Hawson, Irwin Mitchell and Lupton Fawcett Lee & Priestley occupy places in the third rank, ahead of another city firm, Taylor & Emmet.
DLA Piper’s team, split between its Sheffield and Leeds offices, obtains high-quality regional and national assignments, largely for financial institutions.
Last year, it acted for Lloyds Banking Group on the debt and equity restructuring of UK Coal – since renamed Coalfield Resources.
The team also advised HSBC and administrators Ernst & Young when family-owned white goods distributor HI Group hit problems.
HLW Keeble Hawson’s practice attracts large-scale work from major accountancy firms and lenders such as RBS, as well as Law of Property Act (LPA) receiverships and instructions from niche lenders.
Irwin Mitchell’s practice is led by Andrew Walker - who works out of the firm’s offices in Sheffield, Leeds and London - and was involved in 46 LPA receiverships in 2012.
Lupton Fawcett Lee & Priestley’s team is seen to be highly experienced and knowledgeable in personal and corporate insolvency and has strong connections with local lenders, as well as insolvency practitioners such as Begbies Traynor and Mazars.
Taylor & Emmet’s insolvency practice, led by Rob Moore attracts regular instructions from practitioners such as Begbies Traynor and Daly & Co.