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Advising distressed companies
Restructuring strategies tailored to your business
We guide directors through financial distress with clear, commercial advice, helping you understand your duties and explore the right options to protect your business
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Supporting directors through financial difficulty

We provide clear, practical support to directors navigating financial distress. Our approach is tailored to your circumstances, taking the time to understand your concerns and business, helping you identify the most appropriate strategy.

Whether the solution involves a formal insolvency process, a managed turnaround or a refinancing, we deliver commercially focused advice at every stage. We also draw on our extensive network to explore alternative options, including introductions to specialist funders or interim management to provide hands-on support while your business stabilises.

When a company faces financial difficulty, directors must navigate a more complex set of duties and risks. We help you understand these responsibilities and the implications of each available option, so you can make informed decisions with confidence. We support you throughout, including attending board meetings to provide real-time guidance and providing advice on the management of business-critical payments.

Above all, we focus on helping you fulfil your duties as a director in times of financial distress, supporting you to take informed decisions with creditors’ interests in mind and to achieve the best possible outcome for your stakeholders through a clear, carefully considered restructuring strategy.

Recognised excellence
Shoosmiths are extremely accessible, efficient, professional and commercial in their approach.
Chambers UK Guide, 2026

Expertise that connects across sectors & services