We cover the field in terms of insolvency, turnaround, restructuring and distressed investment legal services
When businesses are in financial distress, considering all solutions is essential. Our lawyers advise on the full spectrum of issues that arise from corporate distress, distressed investing and formal insolvencies. We advise lenders, debtors, potential purchasers and insolvency officeholders on issues such as directors' duties, due diligence, debt buy-backs, debt trading, litigation, schemes of arrangements and pensions.
We understand the perspectives of all parties involved
A true understanding of all of the key players' different positions is critical if you are to achieve the best possible result. Our commercially focused team has extensive experience advising all types of stakeholders in distressed situations. Whether applying creative techniques to a distressed company, working to turnaround a company in difficulty, or managing a major corporate collapse, the team has the requisite skill and depth to resolve these matters.
Global presence
Restructuring and insolvency today are cross-border disciplines. Our extensive geographic presence means that we are able to help our clients to achieve optimal outcomes wherever they do business. We’re driven to deliver excellent results and are focused on what our clients want to achieve.
Our solutions and creative and innovative
Our award-winning lawyers are experts at devising creative solutions to difficult credit problems. We have a track-record of successfully restructuring the balance sheets of distressed companies to maximise value. Our approach is to optimise our client's position and returns by considering every option.
Our experience includes advising:
- The ad hoc senior lender committee on the financial restructuring of the APCOA Parking Group, the leading European car park manager, in a high-profile cross-border matter (Cross-border)
- Endeka on its €270m debt for equity restructuring involving an English scheme of arrangement of a Spanish company, as well as elements relating to India, Brazil, and China (Cross-border)
- Bank of Cyprus in connection with the financial restructuring of some of its largest corporate exposures, involving financial restructuring of over €2bn of corporate exposures (UK)
- The issuer and borrower subsidiaries of Punch Taverns plc on the restructuring of the Group's £2.2bn pub securitisations in what was one of the most complex and high-profile restructurings of a listed Group in recent years (UK)
- PT Lontar Papyrus Pulp & Paper Industry on its AUS$450m restructuring (Indonesia)
- The lending syndicate on the facility agreement, major contracts and restructurings for Redbank power station (Australia)
- A senior lender on the collapse of Phones4U on the administration and enforcement of their security in what was the first major unplanned insolvency involving a modern European high-yield and super-senior-revolving credit facility structure (UK)
