Restructuring/Insolvency (International Firms) - China
What the team is known for
Akin Gump Strauss Hauer & Feld's prominent team is recognised for acting for multiparty noteholders, mezzanine lenders and distressed-debt investors in restructurings and insolvencies. The team is well known for its work on major cross-border matters, with the support of its offices in the USA and Europe. It also demonstrates experience in assisting distressed debtors with global reorganisations. Noteholders of Noble Group and the trustees of Virgin Australia Creditors Trust are examples of its clients.
Strengths
"Akin Gump Strauss Hauer & Feld is always helpful and responsive to requests."
"The team has a strong practice globally and utilises the teams across offices well."
Work highlights
Akin Gump Strauss Hauer & Feld represented an ad hoc committee of senior secured noteholders in relation to the further deleveraging and reorganisation of commodities trader Noble Group, including the transition of ownership of Noble's commodities trading business to the noteholders.
Notable practitioners
Barry Russell and Daniel Cohen are key client contacts.