Linklaters' global restructuring and insolvency lawyers handle the world's most challenging and significant domestic and cross-border assignments.
The team comprises insolvency specialists throughout Europe, the Americas and Asia, who work closely with the firm’s top tier finance and corporate practices. They also have experience of other relevant areas of law, such as tax, employment, real estate, intellectual property and litigation & arbitration.
Creditors, including banks and other financial investors and steering committees, insolvency practitioners, corporate debtors and their directors/officers rely on the team’s leading restructuring and insolvency expertise. This encompasses debt restructuring and rescheduling, equity capital raising and restructuring, distressed M&A activity, investigation, asset tracing and insolvency litigation, formal insolvency procedures and contingency planning, distressed creditor and equity investment and trading and debtor advisory work.
Recent restructuring and insolvency transactions include advising
- PwC as administrators of Lehman Brothers International (Europe) – the largest corporate insolvency in history
- Deloitte as administrator in connection with the administration of UK china and ceramics retailer Waterford Wedgwood
- Deloitte as joint administrators of the UK retailer Woolworths plc in connection with the administration of the UK national retailer
- Ferretti SpA, the Italian luxury yacht manufacturer, in connection with the ongoing restructuring of its €1.2bn leveraged debt facilities
- Oaktree Capital in relation to the proposed restructuring via debt for equity swap for UK estate agency group Countrywide Plc
- the senior lender steering committees on the restructuring of UK house builders McCarthy & Stone and Crest Nicholson
- an affiliate of Sun European Partners, LLP on the acquisition of UK sofa retailer ScS Upholstery Plc’s sole trading subsidiary, a transaction that was structured as a pre-packaged administration
- the award winning US$6.6bn SIV managed by Cheyne Capital
- PricewaterhouseCoopers as administrators of Enron Europe (equivalent to 40% of the Enron Group overall) - one of the largest insolvency deals
- on a number of best known European LBO restructurings in Sweden, France, Spain, Germany and Italy
