Disposals, acquisitions & pre-packaged administrations

Disposals, acquisitions & pre-packaged administrations

Our team has wide ranging experience advising on disposals, acquisitions and pre-packaged administrations, having recently concluded a number of high profile assignments.

We apply experience gained from past transactions to benefit you in the current deal, whether negotiating favourable terms or implementing a novel transaction structure.

We regularly work to extremely tight timescales, in the knowledge that in insolvency transactions time is always of the essence.

When advising office holders on disposals, whilst remaining robust, we will take a commercial and pragmatic approach to negotiations to ensure a smooth transaction.

The team also has experience advising clients about the purchase of businesses from administrators. Having acted for office holders, we are well placed to know what can and cannot be negotiated into a contract, and will advise you accordingly to ensure time is not wasted.

We have particular expertise in structuring transactions on behalf of purchasers. For example, we will look at the best method to incorporate the business into your existing corporate structure, most commonly by establishing a new company to purchase the business and assets and ringfence liabilities.

Pre-packaged administration transactions are another area of expertise. If you are looking to purchase a business being advertised for sale on a distressed basis, we can use our market contacts to obtain critical information and access to the pre-pack process to negotiate a purchase.

Work highlights

  • Advising on the purchase of a large number of Oddbins stores from the administrators
  • Advising administrators in connection with the disposal of the business and assets of Vergo Retail Limited, a company operating 17 department stores
  • Advising in connection with the pre-packaged purchase of the Wine Cellar off licences
  • Advising on the purchase of certain stores from furniture retail chain Walmsleys