Pippa Hill specialises in non-contentious corporate restructuring and insolvency. She helps our clients to protect their varying interests when a company faces financial difficulties. She acts for a range of stakeholders, including banks and other lenders, insolvency practitioners and receivers, and companies and their boards.
Financial difficulties can strike companies of any size and in any sector, and Pippa has a wide breadth of experience advising on the restructurings and insolvencies of companies ranging from large PFIs to charities, accountants to medical researchers.
Pippa is particularly experienced in dealing with intellectual property rights in restructuring situations - both assisting clients to minimise the risks surrounding their IP should an insolvency strike, and also ensuring that these rights are adequately dealt with on any disposition from an insolvency process. She has also published extensively in this area.
Pippa was fortunate to have the opportunity to undertake a secondment into the Business and Commercial Legal team at the Royal Bank of Scotland plc in 2010/2011. As well as being an enjoyable experience, this gave her a great insight into the commercial drivers for our banking clients.
Restructuring and insolvency is a fast moving area of law, and Pippa helps our clients keep up to date by contributing to our Restructuring & Corporate Recovery update publication as well as writing client bulletins and for external publications. She is also a regular speaker on restructuring and insolvency issues, including at the firm's annual Restructuring & Corporate Recovery conference.
Advising a UK property developer on its position within the UK Coal restructuring, an assignment in which other parties included Her Majesty's Government, the Pension Protection Fund, and Coalfield Resources plc.
Part of the WLG team advising the board of an SPV service provider in a large infrastructure PFI project in relation to disputes between the commissioning authority and the service provider, and the resulting interface with the SPV's lenders.
Advising the administrators a large charity within the education/distance learning sector to sell parts of the business to a number of purchasers, to deal with landlords, and to deal with Charities Act issues arising.
Advising the administrators of an insolvent firm of insolvency practitioners, first getting the LLP into administration, then selling the various parts of the business as bundles of work in progress.
Acting for the administrators of a chocolate manufacturing company, including negotiating and delivering a pre-packaged sale of the business and assets against a challenging timetable, and advising on the classification of the lender's security.
Advising the board of directors of a well known group of companies in the home improvement sector, which was in financial difficulties, on their duties as directors while they sought a buyer for the business. In the end, through a pre-packaged administration of the holding company, we were able to ensure that business carried on as usual for the operating company, meaning no damage to the brand and jobs remaining secure.
Advising a longstanding corporate client in the food and drink sector on its acquisition of the brand and certain assets of the large drinks distributor WaverleyTBS Limited after that company's entry into administration.