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Company restructuring

There are several reasons why a company may need to restructure. Whether it is to sell a business, merge, grow, prepare for a management buyout or to return to financial health, restructuring can make all the difference to your organisation’s goals.

Our corporate restructuring solicitors can offer expert restructuring advice to business owners, directors and senior management teams to find the right solution for your company. Contact us today on 0161 696 6229.

 

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Expert corporate restructuring solicitors for pragmatic, results-driven change

When your organisation needs to realign, simplify or transform, you need corporate restructuring solicitors who combine technical precision with commercial clarity. Our company restructuring solicitors advise boards, founders and investors on reorganisations, ensuring that every step supports your strategic objectives, protects value and minimises risk. From group simplifications and demergers to turnaround strategies, funding restructures and investment readiness projects, we deliver end‑to‑end legal support tailored to your sector, timescales and budget.

Why choose Stephensons for corporate restructuring

Stephensons is a nationally respected, full‑service law firm trusted by businesses for complex reorganisations and time‑critical change. We hold the Law Society’s Lexcel accreditation for excellence in legal practice management and client care, and our firm is regulated by the Solicitors Regulation Authority. Our corporate team works seamlessly with colleagues in employment, commercial property, banking and finance, regulatory and dispute resolution, so you receive joined‑up advice through one point of contact. We are regularly recognised by leading legal directories for our pragmatic approach, responsiveness and ability to drive transactions to completion. Clients value our clear scoping, upfront cost estimates and plain‑English documents that stand up to investor, lender and buyer scrutiny.

Types of business reorganisation we advise on

Solvent group reorganisations and demergers

We work with tax advisors and accountants to plan and implement solvent reorganisations to streamline structures, ring‑fence risk and prepare divisions for growth or disposal. This often includes hive‑downs, share for share exchanges, capital reductions, buy‑backs and demergers, all executed with precision and in close coordination with your tax advisers.

Share capital reorganisations and investment readiness

We help emerging and established businesses reclassify shares, create growth or preferred classes, and align constitutional documents with investor expectations. We also prepare shareholder agreements that balance control, information rights, leaver provisions and exit mechanics, making your business ready for funding or sale.

Management buyouts and employee ownership transitions

We help to deliver management buyouts and buy‑ins, vendor‑initiated exits and transitions to employee ownership models. Our team handles funding documents, security packages, warranties and indemnities, and the long‑term governance needed for sustainable performance post‑transaction.

Banking and finance restructuring

We negotiate amendments and restatements to facilities, intercreditor arrangements, security releases and new money injections. Our aim is to align capital structure with business reality, remove restrictive covenants that inhibit growth and secure headroom for the next phase of your plan.

Operational reorganisations and employee transfers

We guide businesses through relocations, role redesign and consultation processes, ensuring that employee transfers are handled lawfully and sensitively. Our employment specialists manage communications, redundancy procedures and changes to terms, reducing the risk of challenge and protecting morale.

Group simplification and strike off planning

We plan cost‑effective winding up or strike off of redundant subsidiaries, cleansing intra‑group balances, novating contracts and resolving leases or licences, so you are left with a clean, efficient structure that is easier to manage and present to stakeholders.

Directors’ duties and risk management during restructuring

Restructuring heightens scrutiny of directors’ duties. We provide clear guidance on duties to the company and, in financial distress, to creditors, helping you document decisions, avoid wrongful trading risk and manage preferences and transactions at an undervalue. Our approach ensures that board minutes, declarations of solvency and stakeholder communications are carefully prepared, reducing personal exposure and strengthening your negotiating position.

Timeline, costs and communication

Simple solvent reorganisations can often be delivered in four to twelve weeks, while multi‑entity or distressed projects may require phased delivery. We provide transparent, staged fees with clear scopes for each phase and regular progress updates. You will have a dedicated lead partner or senior lawyer, supported by the right specialists at the right time, so there are no surprises on timing or budget.

Corporate restructuring FAQs

What do corporate restructuring solicitors actually do

We assess your legal and contractual landscape,  prepare and negotiate all required documents, coordinate with tax advisers, lenders and investors, manage approvals and filings, and oversee completion so the new structure is properly embedded.

Is restructuring the same as insolvency

No. Many restructures are solvent and growth‑focused, undertaken to simplify a group, separate divisions or prepare for investment or sale. Where financial distress is present, restructuring may involve formal insolvency processes, but the objective remains to protect value and maximise outcomes for stakeholders.

How long does a company reorganisation take

Timing depends on complexity, third‑party consents and tax requirements. Straightforward projects can complete within a few weeks once documents are agreed, while larger multi‑entity reorganisations or those requiring regulatory clearances will take longer. We set a realistic timetable at the outset and update it as dependencies evolve.

Will employees transfer to a new entity automatically

In many transactions, employee transfer rules can apply. We advise on consultation duties, information requirements and contractual protections, and we prepare the necessary transfer documentation and post‑transfer harmonisation plans to reduce legal and operational risk.

What documents will I need for a restructure

Typical documents include board and shareholder approvals, new articles of association, share exchange or buy‑back agreements, asset transfer agreements, intra‑group loan notes, security releases, updated service contracts and a refreshed shareholder agreement. We prepare a comprehensive document list at the start so nothing is missed.

Can you work alongside my accountants and tax advisers

Yes. Restructuring is most effective when legal and tax work hand in hand. We regularly collaborate with incumbent advisers and can introduce trusted tax and corporate finance specialists where helpful.

Speak to our corporate restructuring solicitors today

Whether you are planning a solvent group tidy‑up, preparing for sale or navigating financial pressure, our business reorganisation solicitors will help you move decisively and with confidence. To discuss your goals and timescales, call 0161 696 6170 and ask to speak to our corporate team. We advise clients across the uk and can meet in person or remotely to suit your schedule.

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