Bankruptcy & Corporate Restructuring


Colin Ashford is a Partner in the Firm's Bankruptcy & Corporate Restructuring Practice 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 several of the largest insolvencies in the UK.



In recent years, Colin has worked on the following matters:

Acting for Clarks in relation to a £100 million private equity investment by LionRock Capital and company voluntary arrangement involving c.350 UK and ROI stores.

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

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

Successfully defending a Big Four firm of accountants against a £65 million 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 £25 million 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 £40 million 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 five 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 of a major provider of student accommodation.

*Some of the above matters were handled by Colin prior to joining Brown Rudnick.


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

Solicitor, Senior Courts of England & Wales
Profile, “Power Players: Bankruptcy & Insolvency 2021 – Distinguished Advisers," Financier Worldwide (March 2021)
Co-author, “Law and Practice,” Chambers 2020 Insolvency Global Practice Guide (November 19, 2020)
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
The Best Lawyers in the United Kingdom, Restructuring and Insolvency Law, 2009-2022
Chambers UK, Restructuring & Insolvency, 2019-2020. He is described as a “litigator of choice on big cases."
The Legal 500 UK, Insolvency & Corporate Recovery, 2020. He is described as “extremely knowledgeable and professional...easily one of the very best."
The Best Lawyers in the United Kingdom, Lawyer of the Year, Insolvency and Restructuring Law, 2019
Acritas Stars, Star Lawyer2019