Restructuring and special situations

Ashurst's European restructuring and special situations group advises on all issues arising from corporate distress, distressed investing and formal insolvencies in Europe.
These include:

Restructuring

  • Directors' duties
  • Debtor-led restructuring
  • Creditor-led restructuring
  • Refinancing
  • Debt/equity swaps
  • Schemes and CVAs

Distressed investing

  • Due diligence
  • Debt control transactions
  • Single name and portfolio trading
  • Claims trading
  • Tax and acquisition structuring
  • Acquisition funding
  • Exits (securitisation and repackaging, etc.)

Formal insolvencies

  • Choice of forum
  • Choice of process
  • Pre-packs
  • Advising insolvency administrators
  • Advising lenders
  • Advising creditors
  • Litigation

The group comprises a specialist team of 20 partners and a further 30 lawyers based in our offices in London, Paris, Frankfurt, Munich, Milan, Madrid and Brussels. Members of the group are recognised as leaders in their fields and have been involved in some of the largest, most complex and innovative restructurings and insolvencies of recent times. Where necessary they are able to draw upon the full range of expertise available to Ashurst as a full service international law firm.

Our clients include international investment banks, distressed investors, hedge funds, lending banks, insolvency administrators, private equity houses, many national and international companies and individual creditors and directors.

The group has been involved in award-winning deals. We acted on the 2006 IFLR Awards' "Restructuring Deal of the Year" for Parmalat, as well as the 2005 IFLR Awards'
"Restructuring Deal of the Year" involving British Energy.