RESTRUCTURING
Strategic Restructuring Advice. In-depth Industry Knowledge
We help our clients navigate all stages of a restructuring, whether it is initial support to company directors and advice to lenders, the preparation of due diligence reports and the negotiation of any standstill arrangements and term sheets, the legal structuring of the restructuring (in conjunction, where relevant, with local counsel), or the implementation of the agreed restructuring plan.
Benefitting from HFW's sectorial expertise, our multi-jurisdictional restructuring team is able to advise on all forms of restructurings across our core sectors - aviation, commodities, construction, energy, insurance and shipping.
Diverse clients
Our clients include the creditors of companies or groups that are undergoing restructuring as well as the distressed companies/groups themselves. We act for listed and unlisted companies, banks and other lenders, trading counterparties, company directors, turnaround investors and managers, insolvency practitioners, corporate purchasers and other stakeholders. We also have particular expertise in dealing with trust matters in offshore financial jurisdictions.
Cross-border expertise
The international nature of our practice means that our lawyers are routinely involved in cross-border issues. We are able to form teams across our worldwide offices, and have specialised experience in dealing with the interaction between Chapter 11 of the US Bankruptcy Code and the administration procedure under the UK Insolvency Act.
We also have expertise and experience in dealing with the impact of the European Insolvency Regulations, a wide-ranging piece of European legislation which creates opportunities for financially distressed corporate groups.
A history of success
Over the years our Restructuring Group has successfully advised creditors and debtors in several important matters, including the restructuring of ED&F Man, GombaHoldings, Bermuda Fire & Marine, CammellLaird, HIH, New Cap Re and Cenargo. The latter was the first case to be heard by the English Court regarding the crucial concept of centre of main interests (COMI) as defined in the European Insolvency Regulations.
Within the wider Restructuring Group we also have a dedicated Fraud & Insolvency team whose expertise includes litigation on behalf of administrators, liquidators, provisional liquidators and other office-holders, fraud related insolvencies, fraud investigations and asset tracing, asset recovery in large bankruptcies and issues arising from the cross-border insolvency regulations 2006.
Our Expertise
Our Restructuring Group's extensive expertise includes:
- Advice to directors of distressed companies
- Distressed sales including 'pre-pack administrations'
- Restructuring of debt and workouts for banks and other lenders
- Corporate rescue and turnaround transactions for corporate debtors
- Purchase and reorganisation
- Enforcement & warehousing
- Restructurings in the energy, aviation, shipping, commodities and construction sectors
- Complex loan restructurings
Insights
- Webinar: Energy projects: implications of partner or contractor restructuring 23/07/2020 RESTRUCTURING HUB|
- High Court issues barring order under CPR 19.8A and finds rule extends to constructive trusts 26/06/2020 Dispute Resolution|RESTRUCTURING HUB|
- Supreme Court blesses the use of adjudication by insolvency practitioners in construction disputes 25/06/2020 Construction|Fraud and Insolvency|Dispute Resolution|RESTRUCTURING HUB|
- The changing landscape of UK insolvencies: The Corporate Insolvency and Governance Bill 05/06/2020 Corporate|Fraud and Insolvency|RESTRUCTURING HUB|
- Corporate Insolvency and Governance Bill: The impact on commodities 27/05/2020 Fraud and Insolvency|London|Commodities|RESTRUCTURING HUB|
- COVID-19 induced insolvencies – things to watch out for 30/04/2020 Fraud and Insolvency|RESTRUCTURING HUB|
- Can lawyers ever disclose their clients’ privileged documents? 24/04/2020 Dispute Resolution|Fraud and Insolvency|RESTRUCTURING HUB|
- High Court gives guidance on duties owed by Directors following administration and creditors’ voluntary liquidation 07/02/2020 Dispute Resolution|Fraud and Insolvency|Corporate|RESTRUCTURING HUB|
- Brexit – Impact of a 'no deal' scenario on EU cross-border insolvencies 04/10/2018 Fraud and Insolvency|EU, Competition and Trade Regulatory|Commodities|RESTRUCTURING HUB|
- Claims under Section 423 of the Insolvency Act 1986 – Court of Appeal rules on service out of the jurisdiction 17/07/2018 Ports & Terminals|Dispute Resolution|Commodities|RESTRUCTURING HUB|
- Lasmos Limited v. Southwest Pacific Bauxite (HK) Limited: Navigating the tension between private dispute resolution and insolvency class actions, March 2018 09/03/2018 Corporate|Commercial|Dispute Resolution|Hong Kong|RESTRUCTURING HUB|
- Lemos: preserving a bankrupt’s privilege, September 2017 11/09/2017 Fraud and Insolvency|RESTRUCTURING HUB|
Learn More
- Fraud and Insolvency 17/11/2015 RESTRUCTURING HUB|
- Insolvency Litigation 03/01/2013 Aerospace|Construction|Commodities|Energy|Financial Institutions|Insurance & Reinsurance|Logistics|Mining|Ports & Terminals|Shipping|Space|Yachts|Travel, Cruise & Leisure|RESTRUCTURING HUB|
- Corporate Reorganisations and Restructurings 03/01/2013 Aerospace|Construction|Commodities|Energy|Financial Institutions|Insurance & Reinsurance|Logistics|Mining|Ports & Terminals|Shipping|Space|Yachts|Travel, Cruise & Leisure|Corporate|Finance|Dispute Resolution|Restructuring and Insolvency|RESTRUCTURING HUB|
Talk to us
Previous Contact
Alex Kyriakoulis
Partner
Corporate London
+44 (0)20 7264 8782

Philip Prowse
Partner
London
+44 (0)20 7264 8587

Rick Brown
Partner
Fraud & Insolvency London
+44 (0)20 7264 8461

Olivier Bazin
Partner
Geneva
+41 (0)22 322 4814

Gudmund Bernitz
Partner
Finance London
+44 (0)20 7264 8413

David Brotherton
Partner
Singapore
+65 6411 5360

Noel Campbell
Partner
Hong Kong
+852 3983 7757

Diane de Moüy
Partner
Paris
+33 1 44 94 31 32

Robert Desmond
Partner
Melbourne
+61 (0) 3 8601 4503

John Forrester
Partner
Singapore
+65 6411 5350

Ian Gordon
Partner
Sydney and Perth
Phone (Sydney): +61 (0)2 9320 4648
Phone (Perth): +61 (0)8 9422 4726

Simon Jerrum
Partner
London
+44 (0)20 7264 8049

Aaron Jordan
Partner
Melbourne
+61 (0)3 8601 4535

Ling Lui
Partner
Singapore
+65 6411 5201

Aline Poncelet
Partner
Paris
+33 (0)1 44 94 31 55

Georges Racine
Partner
Geneva
+41 (0)22 322 4812

Alexander Reid
Partner
Dubai and Abu Dhabi
+971 4 423 0555

Tony Rice
Partner
London
+44 (0)20 7264 8315

Tien Tai
Partner
Dubai
+971 50 856 8454

Adam Topping
Partner
London
+44 (0)20 7264 8087

Anthony Woolich
Partner
London
+44 (0)20 7264 8033

Jean-Marc Zampa
Partner
Paris
+33 1 44 94 40 50

Zohar Zik
Partner
London
+44 (0)20 7264 8251

Alex Kyriakoulis
Partner
Corporate London

Philip Prowse
Partner
London

Rick Brown
Partner
Fraud & Insolvency London

Olivier Bazin
Partner
Geneva

Gudmund Bernitz
Partner
Finance London

David Brotherton
Partner
Singapore

Noel Campbell
Partner
Hong Kong

Diane de Moüy
Partner
Paris

Robert Desmond
Partner
Melbourne

John Forrester
Partner
Singapore

Ian Gordon
Partner
Sydney and Perth

Simon Jerrum
Partner
London

Aaron Jordan
Partner
Melbourne

Ling Lui
Partner
Singapore

Aline Poncelet
Partner
Paris

Georges Racine
Partner
Geneva

Alexander Reid
Partner
Dubai and Abu Dhabi

Tony Rice
Partner
London

Tien Tai
Partner
Dubai

Adam Topping
Partner
London

Anthony Woolich
Partner
London

Jean-Marc Zampa
Partner
Paris

Zohar Zik
Partner
London