Insolvency Advisory Solicitors

Restructuring & Insolvency

Strategic Insolvency Advisory for Directors and Businesses

Facing financial pressure is one of the most stressful situations a director or business owner can encounter. Gurve Legal provides insolvency advisory services in London to help companies and their directors understand their options, manage their obligations, and make well-informed decisions before, during, and after financial difficulty arises.

Our insolvency advisory solicitors work with SMEs, owner-managed businesses, and commercial operators across a wide range of sectors. We advise at every stage: from early strategic planning when financial strain first appears, through to formal insolvency processes where these become necessary. Getting the right advice early is nearly always what makes the biggest difference to outcomes.

Whether you need to understand your position as a director, explore alternatives to formal insolvency, or navigate an ongoing process with confidence, our team is here to give you clear, commercial guidance.

Our Insolvency Advisory Services

Early-Stage Advice for Directors

Directors have specific legal duties that shift significantly once a company becomes or is at risk of becoming insolvent. Our insolvency advice for directors helps you understand where you stand, what you must do, and how to protect yourself from personal liability before matters escalate.

  • Assessment of director duties under the Insolvency Act 1986 and Companies Act 2006
  • Advice on continuing to trade and wrongful trading risks
  • Personal liability analysis and risk mitigation
  • HMRC time-to-pay negotiations and creditor management
  • Contingency planning and options appraisal

Options Assessment and Strategy

Not every business facing financial difficulty needs to enter formal insolvency. We assess the full range of options available to your business and give you an honest, practical view of what is achievable. Our goal is to identify the path most likely to preserve value and protect the interests of the people and businesses involved.

  • Informal creditor negotiations and debt renegotiation
  • Company Voluntary Arrangement (CVA) advice
  • Refinancing and new investment support
  • Pre-insolvency planning and contingency preparation
  • Solvent restructuring where appropriate

Turnaround Planning and Implementation

Where a business has viable underlying operations, turnaround may be achievable with the right legal and commercial support. We work alongside directors, management teams, and turnaround professionals to structure and implement plans that stabilise the business and create a platform for recovery. Our business restructuring solicitors support this work at every stage.

  • Turnaround strategy and legal structuring
  • Group and balance sheet reorganisation
  • Supply chain and contract risk management during distress
  • Stakeholder management and lender negotiations
  • Employment and property considerations during restructuring

Formal Insolvency Process Advice

Where formal insolvency is unavoidable, we advise on the most appropriate process for the circumstances and guide clients through it. We act on both sides of insolvency situations, which gives us a practical understanding of how these processes work and how to achieve the best available outcome for our clients.

  • Administration and pre-pack administration
  • Creditors’ voluntary liquidation (CVL) and compulsory liquidation
  • Company Voluntary Arrangements and Schemes of Arrangement
  • Advice on the Corporate Insolvency and Governance Act 2020 moratorium
  • Coordination with insolvency practitioners

Cross-Practice Insolvency Support

Insolvency and financial distress rarely affect just one area of a business. Employment obligations, commercial contracts, property leases, and corporate governance questions all come into play. As a full-service commercial firm, we coordinate advice across practice areas to make sure nothing is overlooked. Our dispute resolution team and corporate governance solicitors work alongside our insolvency advisory practice on matters where these issues intersect.

  • Employment law advice during restructuring and insolvency
  • Commercial contract review and termination risk assessment
  • Property lease obligations and landlord negotiations
  • Corporate governance and board-level advisory
  • Regulatory and compliance considerations

Why Choose Gurve Legal

We Advise Before the Crisis Point

Most businesses only seek insolvency advice once formal proceedings are already under way. We actively encourage directors and business owners to come to us at the first sign of financial strain. Early advice almost always creates more options, reduces personal risk for directors, and produces better outcomes for the business and its creditors.

Focused on SMEs and Commercial Clients

Our insolvency advisory practice is built around the needs of SMEs and owner-managed businesses, not large corporate transactions or personal insolvency. We understand the pressures that directors of smaller businesses face, and we give advice that is proportionate, direct, and commercially grounded rather than overly cautious or process-driven.

We Act for Both Companies and Creditors

Gurve Legal advises both businesses facing insolvency and the creditors and investors dealing with them. Our creditor advisory work and our distressed investor practice give us a rounded view of every insolvency situation. That breadth of perspective makes us more effective advisers, whichever side of the table our client sits on.

Commercial Legal Support Across the Business

Insolvency advice does not exist in isolation. We bring in colleagues from employment, property, corporate, and dispute resolution as needed, so clients receive joined-up advice from a single firm that understands their whole business. This avoids the gaps and delays that come from coordinating multiple specialist firms at a time when speed and clarity matter most.

Talk to Our Insolvency Advisory Solicitors

If your business is facing financial pressure, or you are a director who needs to understand your options and obligations, Gurve Legal can help. Our insolvency advisory solicitors offer clear, commercially focused advice to businesses and directors across London and the UK.

Book a Free Consultation

Call us: +44 207 566 1188

Email us: info@gurvelegal.com

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