Restructuring
What We Do
Our Restructuring team advises banks, asset based lenders, turnaround specialists, insolvency practitioners, pension schemes and corporates on all aspects of turnaround and restructuring. This includes:
- Debt for equity swaps;
- Unilateral/bilateral and structured finance;
- Facility restructuring;
- Negotiating with the PPF.
Recent Restructuring Deals
- Advised the Pension Scheme Trustees in relation to a major restructuring of a listed Plc with a multi-million pound pension deficit. This included advice on de-listing, shareholder restructuring, debt for equity swaps, facility letters, securitization and inter-creditor agreements;
- Advised a printing industry client with a multi-million pound bank debt on utilising an accelerated sale process. This maximised the recovery to all stakeholders.
Testimonials
"The service is excellent" and the team has "a commercial, client-focused approach" Legal 500, 2011
Andrew Walker provides clients with an experienced sounding board and is valued for "presenting an argument that takes into account both sides" Chambers and Partners, 2012
Chris Jones is "knowledgeable and experienced" Legal 500, 2011
John Flathers is "an invaluable legal adviser" Legal 500, 2011
Julie Atkinson is praised for her innovative thinking and ability to "quickly get to the heart of a matter" Chambers and Partners, 2012