Barry McGouran

Barry McGouran

Associate

“A commercially minded and results orientated lawyer who considers both the bigger picture and finer details. He’s also highly personable and a pleasure to work with.”

Brian Baker, Partner at Moore Kingston Smith & Partners LLP

Barry is a restructuring and insolvency specialist with experience in both contentious and non-contentious matters. His clients include insolvency practitioners, asset based lenders, alternative finance providers, company directors and individuals requiring insolvency advice and assistance.

He is commercially aware, easy to work with and results-driven. He has a knack for explaining technical terms in clear, understandable language and a keen eye for detail.

Barry regularly advises:

  • banks and other financial institutions on the validity and enforceability of their security documentation, including the appointment of insolvency practitioners where necessary and the realisation of assets in an insolvency process
  • SMEs, directors and shareholders whose businesses are in financial difficulty on solutions to help them continue trading, rescue their businesses as going concerns and, where possible, restructure and prevent their businesses from being wound up
  • private clients on personal insolvency matters, including defending bankruptcy petitions
  • insolvency practitioners on their duties as office holders following appointment in respect of both corporate and personal insolvencies

Bank and financial institution highlights:

  • advising and assisting asset based lenders and alternative finance providers on recovering outstanding book debts and enforcing their security to appoint insolvency practitioners where required to safeguard and protect their interests, including out-of-court appointments of administrators and formal court applications

SME, director and shareholder highlights:

  • advising directors on their duties to companies and creditors from an insolvency perspective and on their options to restructure their businesses to avoid insolvent liquidation where appropriate

Private client highlights:

  • acting for creditors against insolvent companies to safeguard their position, including bringing court proceedings where appropriate

Insolvency practitioner highlights:

  • advising and assisting insolvency practitioners on the £50m sale of a London based hotel complex
  • advising insolvency practitioners on their duties in respect of the realisation of assets in the UK and overseas of a company within the film and media industry
  • acting for insolvency practitioners in respect pre-pack insolvency sales to connected and unconnected parties and their duties to creditors