Bankruptcy & Corporate Restructuring


Colin Ashford is a partner in the London office’s Bankruptcy & Corporate Restructuring Group. Colin is a highly experienced and well regarded insolvency and restructuring lawyer, with a particular focus on contentious issues and investigations. Using that knowledge and experience, Colin also advises on contingency planning exercises to "insolvency proof" deal structures, and generally advises boards to protect directors from challenge or criticism. He has worked on a number of the largest insolvencies in the U.K.



Leading an international team acting for receivers and administrators following the collapse of a global group. Asset realisations exceeded £650m from 11 jurisdictions.

Leading a team of over 50 lawyers dealing with the administration of one of the U.K.’s largest retailers.

Successfully defending a Big 4 accounting firm against a £65m claim alleging negligence and conspiracy arising from an administration (noted by The Lawyer as one of the Top 20 cases in 2018).

Advising a secured lender on claims brought against it in Germany and England arising from the collapse of a department store chain.

Successfully pursuing a £25m wrongful trading claim for liquidators, backed by a fully funded litigation insurance package.

Acting for the administrators of a major drink retailer.

Advising a retailer on its successful CVA in 2018 to restructure the business (230 shops) and a financial restructuring of its £40m facility.

Advising the liquidators and special managers of a major construction group.

Advising the nominees/supervisors and administrators of various companies within a major international clothing group.

Advising the board and/or administrators of numerous high profile retailers.

Acting for a global drinks manufacturer on issues arising in 5 jurisdictions following the insolvency of a critical supplier.

Advising on various PFI/PPP transactions to “insolvency proof“ the proposed structure.

Dealing with the complex collapse a of major provider of student accommodation.


Joint Insolvency Board – Double Prize Winner (Best Solicitor and 3rd overall), 1996
Chester College of Law – Law Society Finals, First Class Honours, 1991
Wolverhampton University – LL.B. Upper Second Honours, 1990

Bar Admissions

England and Wales
Colin contributes a chapter on voluntary arrangements for Butterworths Insolvency Handbook
Speaking Engagements
Colin is a regular speaker at internal and external training events
Professional Affiliations
A member of the Insolvency Rules Committee for 10 years (to 2016) responsible for amending and updating The Insolvency Rules
Licensed Insolvency Practitioner
Awards and Honors
Selected by his peers for inclusion in The Best Lawyers in the United Kingdom for Restructuring and Insolvency Law (Since 2009)
Ranked by Chambers & Partners UK for Restructuring & Insolvency (2019-2020), where he is described as a “litigator of choice on big cases”.
Recognized by The Legal 500 UK for Insolvency & Corporate Recovery (2020), where he is described as “extremely knowledgeable and professional...easily one of the very best”.
Named "Lawyer of the Year" by The Best Lawyers for Insolvency and Restructuring Law, Leeds (2019)
Named as an Acritas Star for 2019