Insolvency and restructuring

Insolvency –  both corporate and personal – is one of the core practice areas of members of Three Stone.

Our clients include banks, lending institutions, accountants, major companies, and bond holders. Members advise and act for liquidators, trustees in bankruptcy, supervisors/nominees, as well as debtors, creditors and bankrupts.

We offer specialist advice and representation on all issues arising in the following areas of corporate and personal insolvency:

  • Liquidations
    • Provisional liquidations
    • Compulsory winding up
    • Creditors’ voluntary winding up
    • Public Interest and Secretary of State petitions
  • Other Insolvency Procedures
    • Administrations
    • Receiverships
    • Voluntary arrangements
    • Informal work-out arrangements
  • Personal Bankruptcy
  • Antecedent transactions and asset recovery under section the Insolvency Act 1986
  • The administration of insolvent estates
  • Directors and Office Holders
    • Misfeasance and breach of duty
    • Fraudulent and Wrongful trading
    • Directors’ Disqualification
    • Functions and duties of the office holder
    • Discharge and termination
  •   Cross border and jurisdictional issues
  •   Offshore insolvencies and Hedge Funds


  • What the directories say
    • Mark Cawson QC is recommended in Chambers and Partners UK Bar Guide 2016 (Band 1 Silk) for Restructuring/Insolvency
      “A vastly experienced insolvency practitioner. He has a broad practice, and is regularly instructed in matters pertaining to transaction avoidance, directors' disqualification, company voluntary arrangements and professional negligence claims.”
      "He is personable, knowledgeable and committed." "He is a quiet thinker with a formidable legal mind who is extremely easy to deal with." "He demonstrates every key attribute required of an effective QC and he never fails to impress clients."
      Chambers & Partners UK 2016
    • Francis Moraes is recommended as a leading junior in insolvency in the Legal 500.Legal 500
    • James Couser is described as a "no-nonsense and robust advocate who gives commercial advice." Instructing solicitors enthuse that "he strikes the right balance between knowledge of the law and its practical application."Chambers & Partners UK
    • Mark Watson-Gandy was voted Acquisition International magazine’s M&A Awards 2012 "Insolvency Barrister of the Year" Acquisition International Magazine