Restructuring & Recovery.
Cross-border insolvency, decided on one record.
The work — Distressed situations from both sides of the table. Chapter 11 debtor and creditor work, parallel UK schemes of arrangement, out-of-court restructurings, and distressed M&A. We coordinate cross-border proceedings to a single valuation theory.
What we cover — Chapter 11 representation of debtors-in-possession and ad-hoc creditor groups. Part 26A schemes of arrangement and CVAs in the UK. Distressed M&A and 363 sales. Liability-management exercises and out-of-court restructurings. Cross-border coordination across US, UK, and European insolvency regimes.
How we work — In cross-border restructurings, the side that controls the valuation record controls the outcome. We invest in a unified expert position before either court reads the disclosure statement — same financial witnesses, same exhibits, same theory of distributable value across regimes. Confirmation and sanction proceed on overlapping records.
Recent matter — The ad-hoc group of senior secured creditors in a multinational issuer's parallel US Chapter 11 and UK Part 26A scheme. Senior class received par-plus consideration on a $1.2B claim.
