Business Insolvency Solicitors in Leicester

If your Leicester business is facing insolvency, Smith Partnership is here to help you find a practical solution. Backed by Legal 500 recognition, our expert solicitors provide straightforward, pragmatic advice tailored to your unique situation. 

We understand the pressures of financial challenges and are committed to guiding you through the process with professionalism and care.

How We Help You

At Smith Partnership, we provide expert legal advice and support to businesses and directors facing insolvency in Leicester. Our team offers practical, clear guidance on a wide range of insolvency-related matters, including company restructuring, personal implications for directors, defending against claims, and handling disputed statutory demands or winding-up petitions. Whether you're a director or creditor, we ensure you understand your options and help you navigate the complexities of insolvency with confidence.

  • Advising Directors on Insolvency Options - At Smith Partnership, we offer expert guidance to directors on the steps to take when a company is facing insolvency or is likely to become insolvent. Our team helps directors navigate various options, such as administration, creditors' voluntary liquidation, members' voluntary liquidation, or a company voluntary arrangement (CVA), ensuring they make informed decisions to protect the business and its stakeholders.
  • Personal Implications for Directors - When a company faces insolvency, directors may face personal risks, particularly if personal guarantees are involved. Our solicitors provide tailored advice to directors, guiding them through the potential personal implications of a company’s financial difficulties, including how to manage or mitigate any claims under personal guarantees and other personal liabilities.
  • Defending Directors Against Claims - Directors may face claims against them by liquidators or administrators, including misfeasance claims, breaches of directors' duties, transactions at an undervalue, preference claims, and demands for repayment of directors' loan accounts. Smith Partnership offers expert defence advice, helping directors' protect their interests. We also advise shareholders on potential claims, including issues surrounding unlawful dividends.
  • Disputed Statutory Demands & Winding Up Petitions - Our team acts on behalf of companies involved in disputes over statutory demands or winding-up petitions. If your business is facing these challenges, we provide strategic advice to help resolve the issue, ensuring the company’s position is protected and guiding you through the legal process.
  • Advising Creditors on Statutory Demands & Winding Up Petitions - If you're a creditor looking to issue a statutory demand or winding-up petition against a debtor, Smith Partnership can assist you in taking the appropriate legal action. Our team offers expert advice to ensure your rights are upheld and the process is handled efficiently and effectively.

At Smith Partnership, we’re here to support businesses in Leicester with expert advice and solutions for all aspects of business insolvency, ensuring you navigate these challenges with clarity and confidence.

Meet Our Leicester Business Insolvency Solicitors

Don’t just take our word for it…

Our highly-experienced department has Legal 500 recognition, which states:

Smith Partnership’s key strengths lie in administration, bankruptcy, company voluntary arrangements, as well as liquidation. Noted for her two decades of contentious insolvency experience, Ruth Ball oversees the team from Derby and is also well-versed in the full gamut of bankruptcy mandates. She is also praised for her ‘excellent client service skills’ and ’is always able to focus on the key issues at stake.’

Smith Partnership's insolvency offering is a close knit team who take a pragmatic approach to procedural and litigation matters. Their billings are competitive and they are prepared to take a commercial view on insolvency matters where appropriate. 

'The team is excellent and is able to deal with cases at all levels of complexity and value - from small personal disputes and bankruptcy issues, to multi-million pound insolvencies and disputes.'

The Legal 500, 2025

Contact our team today

  1. To find out how our expert team of law solicitors can help you, contact us today on 0330 123 1229, send us an email via info@smithpartnership.co.uk or complete our contact form.
FAQs

There are different forms of liquidation including members’ voluntary liquidation, creditors’ voluntary liquidation and compulsory liquidation. A members’ voluntary liquidation is where a company is solvent and able to pay its debts but the shareholders wish to cease trading and wind up the company’s affairs. A creditors’ voluntary liquidation is where the directors of a company believe that the company is insolvent and can no longer trade. A compulsory liquidation is where a creditor of the company applies to the court for an order winding up the company.