Our Restructuring & Recovery team in the Midlands is led by Partner, Tim Simmons. With 15 years’ experience in the sector and supported by a dedicated team of specialists, the team regularly work on some of the largest real estate restructuring and recovery projects throughout the Midlands, East Anglia and central Wales. Whether acting directly for lenders in the capacity of Law of Property Act Receiver, or as a consultant to insolvency practitioners, the Midlands team has a demonstrable track record across a wide spectrum of distressed real estate assets. The team regularly act for various office holders to include:
- Supervisors and Trustees
- Fixed Charge / Law of Property Act Receivers
The team can provide initial appraisals of assets, be this pre (business turnaround) or post formal insolvency appointments and follows through to specialist advice regarding value and, where necessary, relevant disposal strategy. We work closely alongside the Machinery & Business Assets division, in order to offer an all-encompassing service to our clients across a wide range of asset classes. Typical sale mandates have included large industrial facilities, commercial investments, care homes, hotels, serviced offices, development sites (both residential and commercial), food manufacturing facilities, and schools.
We also undertake loan book reviews coupled with workout strategies to assist lenders decision making in relation to distressed loan portfolios. In addition, we regularly undertake asset monitoring and surveillance for loan managers.
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