Senior Associate/Managing Associate - Restructuring and Insolvency
Penningtons Manches Cooper LLP · GB
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About the Role
The Penningtons Manches Cooper Restructuring and Insolvency team is a busy, dynamic, and growing team that handles interesting and high-profile work. The team is forward-thinking and innovative, aiming to enhance client service standards. This position is within the Restructuring & Insolvency Team, part of the wider Commercial Disputes Resolution team, and involves both contentious and non-contentious aspects.
Responsibilities
- Act for a broad range of clients including insolvency practitioners, corporate entities, directors, lenders, shareholders, and individuals in relation to personal insolvency.
- Handle administrations (appointment/trading issues/pre-packs etc) and floating charge issues.
- Manage receiverships (appointment and management through to sale).
- Work with CVAs and have a working knowledge of Part 26A Restructuring Plans.
- Manage members voluntary liquidations (advising parties, representing IPs, strategic advice, procedure, and associated indemnity and early distribution issues).
- Handle CVLs – procedure and advice on strategy, creditor issues, SIP2 investigations, and conversion from MVL.
- Manage compulsory liquidations.
- Handle antecedent and directors duties/misfeasance actions (contentious and preventative).
- Manage directors disqualification cases.
- Handle disclaimer in liquidation.
- Provide directors' duties advice and ongoing trading guidance.
- Gain working knowledge and experience in bankruptcy and relevant post-bankruptcy issues for a trustee.
- Supervise and support junior team members.
- Work collaboratively with lawyers and support staff for client benefit.
- Manage financial hygiene and administrative aspects of file management.
Requirements
- Broad knowledge and significant experience of both contentious and non-contentious insolvency and restructuring law.
- Willingness to learn advisory areas.
- Commitment to providing the best and most efficient service to clients.
- Desire to help grow a team and mentor junior lawyers and paralegals.
- Excellent technical knowledge of and familiarity with contentious and non-contentious insolvency and restructuring law.
- Genuine enthusiasm for the practice area and its future development.
- Comfortable working under pressure with the ability to plan and prioritize work.
- Ability to deliver to tight or changing deadlines while maintaining excellent attention to detail.
- Proactive and collaborative team member with a professional, user-focused approach.
- Highly IT literate, confident user of MS Office and legal and business information systems.
- Experience of SharePoint or similar platforms.
Skills
- Contentious and non-contentious insolvency and restructuring law
- Advisory work
- Client service
- Mentoring junior lawyers and paralegals
- Acting for diverse clients
- Administration
- Floating charge issues
- Receiverships
- CVAs
- Restructuring Plans
- Members voluntary liquidations
- CVLs
- Compulsory liquidation
- Antecedent actions
- Directors' duties/misfeasance actions
- Directors disqualification
- Disclaimer in liquidation
- Bankruptcy
- Planning and prioritizing work
- Attention to detail
- Teamwork
- Professional approach
- User-focused approach
- Supervision
- Support
- Written communication
- Verbal communication
- MS Office
- Legal and business information systems
- SharePoint
- Financial hygiene
- File management
Location
- UK
Work Type
- Hybrid agile working
- Flexible working options
Experience Level
- Senior associate
- Managing associate
About the Company
- The Penningtons Manches Cooper Restructuring and Insolvency team is a busy, dynamic, and growing team which enjoys a great quality of interesting and high-profile work.
- The team is forward thinking and innovative and is always looking to improve and enhance its existing high standards of client service.
- Having embraced agile working, the team provides a welcoming, open, and collegiate environment in which everyone is encouraged and supported to realise their individual potential and contribute to the team’s growth and development.
Equal Opportunity
- We ensure that there are equal opportunities and treatment for all job applicants and employees, at all stages of the recruitment process and employment, regardless of age, gender reassignment, marriage or civil partnership, pregnancy and maternity, disability, race (including colour, nationality, ethnic or national origin), religion or belief, sex, sexual orientation, gender identity, gender expression and social background.
- We aim to provide adjustments for people who have a disability, long-term health condition (including mental health) or neurodiversity.
- If you would like to request an adjustment, please contact Emily.Green@penningtonslaw.com