Restructuring/Insolvency
Global Guide 2024 : UK
Band 5
Contact number
(020) 7184 7000About
Provided by Dechert LLP
Global experience in sophisticated restructuring, bankruptcy and insolvency matters
Dechert’s financial restructuring group has across-the-board experience representing creditors, investors and troubled companies in all types of in-court and out-of-court restructuring matters. The practice represents clients in highly sophisticated, precedent-setting matters and holds substantial market share of the largest and most complicated deals.
The group brings clients around the world expertise in connection with:
- Representing ad hoc and official committees of creditors, lenders and noteholders.
- Representing agents, indenture trustees, shareholders and other significant parties.
- Representing distressed companies in restructurings and workouts, reorganizations, recapitalizations and other transactions.
- Representing investors of distressed assets and debt.
- Distressed lending and debt trading.
- Distressed mergers and acquisitions.
- Debt financing for acquirers of distressed businesses.
- Bankruptcy planning and litigation.
Chambers Review
Dechert is well positioned to handle domestic and cross-border restructurings. The firm is able to act for the full range of creditor and debtor-side clients, such as corporates, administrators and debt funds. The financial restructuring group is a go-to for matters in the energy and natural resources sector.
Work Highlights
- Dechert continued to act for the ad hoc committee of noteholders of PrivatBank on matters relating to the bank's 2016 bail-in. This year the team advised on efforts to get the Bank of England to recognise the bail-in under the Banking Act 2009.
Strengths
Provided by Chambers
"They provide good coverage of all aspects of UK restructuring and insolvency."
"The team is very experienced and has a wide range of expertise."
"Dechert provides high-quality legal advice combined with a pragmatic and commercial approach."
"They provide good coverage of all aspects of UK restructuring and insolvency."
"The team is very experienced and has a wide range of expertise."
"Dechert provides high-quality legal advice combined with a pragmatic and commercial approach."
Notable Practitioners
Adam Plainer is co-chair of the firm's global financial restructuring group. He is adept at acting for both creditor and debtor-side clients on cross-border insolvency and restructuring matters. He is particularly noted for his expert handling of insolvency litigation and distressed M&A matters.
"Adam is very experienced and very focused on delivery for the client."
"Adam is very well connected and a very good leader."
"Adam Plainer is fantastic, he is incredibly commercial."