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Restructuring, Turnaround and Insolvency

Adapting to changing market conditions

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In these uncertain times it is more important than ever to have trusted, skillful advisers to support you and your business during times of difficulty.

Our Restructuring, Turnaround and Insolvency team are a global team of lawyers, banking, litigation and finance experts who collectively have the in-depth knowledge and expertise to work with  any business facing restructuring, insolvency or contentious issues with tailored solutions and dedicated advice. Our integrated offering is a particular strength of the firm, allowing us to quickly mobilise highly-skilled, multi-disciplinary and multi-jurisdictional teams whenever we are needed.

We act for some of the largest and most high profile debtors, lenders and insolvency practitioners globally and are trusted by a wide range of clients across many sectors, including energy, oil and gas; mining; marine and shipping; infrastructure and real estate sectors.  This deep understanding of our clients' businesses sets us apart from our peers and provides clients with extra comfort that we know their sector. 

Our experience covers the whole spectrum of corporate distress, from early stages through creditor workouts, debt and equity restructurings, workforce reorganisations, corporate transformation and formal insolvency administration.  We are known for advising on extremely complex distressed situations, often across multiple jurisdictions, and which may also include other elements such as special situation financing or litigation - both of which we are key areas of expertise.  Our world class litigation team have specialist expertise in defending litigation against directors arising out of insolvency situations.

One of the team would be happy to have a confidential conversation with you to discuss any concerns you may have with your business or to assist on preventative measures.

Recent Experience

Senior Lenders Syndicate

Advised the Senior Lenders Syndicate on the restructuring of the I-MED Group, Australia’s largest, privately owned diagnostic imaging network. 

Centro Property Group and Centro Retail Trust

Acting on the refinancing of their bank facilities which involved the negotiation of facilities in both Australia and the US, the creation of a debt for equity hybrid instrument (representing $3 billion value) and the sale of various key assets

JJB Sports

Advising on a series of measures designed to create a stable financial platform for the revitalisation of its core sports retail business. They included the use of a ground breaking company voluntary arrangement (CVA) to effect a solvent restructuring

Ernst & Young

Advising on the administration of all of telecommunications equipment provider Nortel’s EMEA entities, involving 34 jurisdictions. This multi-jurisdictional administration is one of the most complex administration filings ever undertaken in London

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Insights and updates

16th September 2022
In this webinar Partners Paul Apathy and Clayton James, with our co-Head of Venture Capital...
30th August 2022
The Spanish government has very recently approved a reform of the Spanish Insolvency Law, which...
1st August 2022
The collapse of the market for crypto assets is heralding a string of insolvencies and...
20th July 2022
With a tightening market for capital, the ‘safe harbour’ protections may be critical for Australian...

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