England - South East • Finance

Lester Aldridge LLP

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Lester Aldridge LLP houses an ‘extremely knowledgeable’ team in Southampton, which frequently assists creditors affected by the insolvency of another, and insolvency practitioners on procedural court applications and group simplification projects. Practice head Rebecca Walker has varied experience in solvent restructurings and the returning of assets to shareholders via voluntary liquidations, in addition to distressed restructuring issues. The ‘vastly knowledgeable’ Nick Keitley is particularly adept at acting for clients in the charity, marine and hospitality sectors in turnarounds, while Matthew Barrow acts as the firm’s managing partner and also advises on the disposal of properties by office holders of insolvent estates, and the enforcement of security through administration and receiver appointments.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘Lester Aldridge tailor and blend their team to fit the legal challenges and circumstances of their clients.’

  • ‘Nick Keitley is a pre-eminent lawyer.’

  • ‘A quality firm and insolvency team. Pre-eminent in the area. Widely knowledgeable across all sectors.’

  • ‘Nick Keitley is vastly knowledgeable and approachable. I thoroughly enjoy working with him due to his detailed knowledge and no nonsense approach.’

  • ‘Extremely knowledgeable team that provides commercial and practicable solutions based on the law. Helpful and constructive advice.’

  • ‘Nick Keitley is an extremely knowledgeable and seasoned practitioner who clearly thinks things through and provides well-argued practical advice in a timely manner.’

Key clients

  • Azets
  • BDO LLP
  • Begbies Traynor
  • BTG Advisory
  • Evelyn Partners LLP
  • FRP Advisory Trading Limited
  • Interpath Advisory
  • James Cowper Kreston
  • JWS Business Recovery
  • Knight Frank
  • Leonard Curtis Business Solutions Group
  • Mazars
  • Menzies LLP
  • Moorfields Advisory Limited
  • Quantuma Advisory Trading Limited
  • RSM Restructuring Advisory LLP
  • Santander Bank plc

Work highlights

  • Advised the liquidators of a technology publishing company in relation to its solvent liquidation, distribution of $10m cash to shareholders and how to address various claims against the company.
  • Advised the administrators of Johnsons Shoes Company on the solvent exit of the company from administration.
  • Advised the administrators of Passenger Lift Services Limited on the pre-pack sale of its business and assets.

Lawyers

Leading individuals

Rebecca Walker

Rebecca Walker

Lester Aldridge LLP

Rebecca Walker is a Partner in the Restructuring & Insolvency team. Rebecca has worked at various top City and regional practices. She has also completed a 6-month secondment to a hedge fund and a short secondment to a German law firm. Rebecca handles complex restructuring and insolvencies, often involving an international or regulatory element. She is experienced in insolvency transactions (including pre-packaged administration sales), providing strategic advice to companies and their directors in financial difficulty and advising secured lenders on the enforcement of their security. She also regularly advises on how to structure corporate transactions and commercial arrangements to protect against counterparty insolvency risk. In addition to the above, Rebecca is well known for her expertise in solvent restructurings, including section 110 demergers and members’ voluntary liquidations.

Practice head

The lawyer(s) leading their teams.

Rebecca Walker

Other key lawyers

Nick Keitley, Matthew Barrow