Property insolvency

Flux in the economic climate continues to impact commercial and private property markets alike in both freehold and leasehold land. With years of success in handling insolvency, we provide industry-leading strategic planning and crisis management for developers, contractors, landlords, lenders and occupiers.

Key Contacts

Click here to find out more and get in touch

Understanding your situation, meeting your needs

Our specialists combine expertise in insolvency and distressed businesses with property finance, construction, planning and property development. Working with you to understand your situation, we build a bespoke, partner-led team designed around your needs and goals.

We can help you restructure property ownership and stakeholder rights in security and other interests, as well as construction and redevelopment projects. Our experience includes formal and informal restructuring of ownership, and refinance of individual properties and portfolios for owners and lenders. Within this, we advise on the use and impact of receiverships (Fixed Charge, LPA, Court appointed and administrative), administration, liquidation, bankruptcy and voluntary arrangements, and the relationship between processes that may run concurrently.

We can also help you resolve property-related disputes, protecting you from financial and reputational damage by reaching pre-litigation agreements. Even when cases advance through proceedings to trial, our outstanding track record in achieving favourable outcomes for clients ensures you have highly competent support throughout.


Our team has been involved in a number of high-profile cases in this area. Highlights include:

  • advising on the purchase of a Central London hotel as part of the seller’s restructure and exit from administration
  • restructuring owners’ interests in freehold and commercial leases in a holiday park to advance a ‘white knight’ investment. This included an inter-dependent purchase of interests from an existing stakeholder’s trustee in bankruptcy, and purchase of the business and assets from administrators of a trading tenant
  • advising the administrators appointed to an under-performing shopping centre
  • advising partners in the restructuring and refinancing of the land ownership in a farming partnership, following a partner’s bankruptcy
  • recovering possession of agricultural equine and development land for receivers to sell
  • advising receivers on a residential development and plot sales
  • successfully advancing claims for possession for bankruptcy estates
  • successfully negotiating the reduction of claims by Trustees in bankruptcy against the family home
  • acting for insolvency practitioners appointed over construction companies
  • advising administrators on commercial issues arising from the management of a national portfolio of retail premises and serviced offices
  • multiple acquisitions of the business and assets from administrators (including licenced premises, construction businesses and a stone mill)


Our expertise in this area encompasses:

  • agricultural insolvency
  • claims for possession of property in insolvency proceedings
  • development property sales, as a result of insolvency
  • distressed Portfolio Management
  • negotiating between landlords and tenants in the face of financial difficulties
  • property issues relating to administrations, liquidations and voluntary arrangements
  • receiverships, including the appointment of the receiver by the bank and ongoing duties
  • sale and purchase of properties and assets involving insolvent companies
  • sale of property by insolvency practitioners or mortgagees
  • secured Lending arrangements
  • tenant insolvency and landlord insolvency

Thrings LLP is ‘a very solid practice that punches above its weight’, and clients praise its ‘good, technical, appropriate knowledge’.

The Legal 500


News 31 January 2017

Oblige before you break

Even the most honest of leaseholders may be reluctant to query the terms of their lease in case it looks like they might not adhere to them, but careful attention should be paid to the conditions of any break clause.

Read More

News 16 December 2016

Broken break clauses

From last-minute demands to not being refunded rent, break clauses in property rental contracts can lead to unexpected situations for tenants (and landlords) if not carefully considered. In the second in a series of three articles on break clauses, Thrings …

Read More

News 16 November 2016

News 7 November 2016

Tenants to meet energy efficiency standards?

The BREEAM sustainability assessment method seems to be working as far as new builds are concerned, but the same cannot be said for existing structures, with most landlords and...

Read More

News 31 October 2016

Thrings advises investor on multi-million pound Mayfair property acquisition

Leading commercial law firm Thrings has advised a private overseas property investor on the multi-million pound purchase of a mixed-use property in the heart of London’s exclusive Mayfair.

Read More

News 4 October 2016

Thrings open its doors for annual commercial property seminars

Building surveyors, property agents, planning consultants and public authorities will gather in Bath and Bristol this week for leading commercial law firm Thrings’ annual series of commercial property seminars.

Read More