Restructuring Turnaround & Insolvency
When companies get into financial difficulties saving them is the best solution for everybody. Our team has the knowledge and experience to explore every avenue.
These days banks want to save companies that are in trouble. We understand the issues facing debtors and creditors in these situations, and we know that all the parties involved are trying to avoid hostile outcomes.
At the same time, finding workable solutions isn’t easy. We bring creativity to the equation, and because we have experience of advising all the parties involved in restructurings, we are able to see every point of view. We put people together, we work through issues, and we make complex problems manageable.
And we don’t just handle these matters in the UK – a large proportion of our mandates are multi-jurisdictional. ( a tenth of our revenue comes from US-headquartered clients). For instance, we acted on behalf of Ruth Madoff, the wife of fraudster Bernard Madoff, in relation to issues arising in the wake of the unravelling of her husband’s $65bn Ponzi scheme, for example and we are acting in respect of the cross-border issues surrounding Alitalia airline.
In equal measure, we handle large, complicated matters for financial institutions including Lloyds Banking Group, Royal Bank of Scotland and Barclays, and for major corporates and insolvency practitioners. We are able to pull together resources from across the firm in all the key disciplines, and our refreshing team approach makes it easier to get things done.
Click here for an example of some of our recent restructurings.
Partners lead all our teams, and bring a wealth of knowhow and experience to the table. With experts on your side, solutions can be found.