Restructuring/Insolvency
UK Guide 2025 : London (Firms)
Band 2
Contact number
(020) 7615 3000About
Provided by Milbank LLP
Financial Restructuring is a core business and leading practice at Milbank. Our team consists of approximately 75 restructuring specialists globally, with 30 lawyers in London and Germany. Our restructuring lawyers work closely with lawyers in Milbank’s other key practice areas (litigation, finance, capital markets, corporate, transport, projects) bringing a full range of expertise to any restructuring transaction.
We provide our clients with the complete range of restructuring solutions from initial debt reviews and options analyses before investing to the full spectrum of in- and out-of-court restructurings, as well as claims recovery and insolvency advice. The depth of our team’s experience means we are often called to provide high level advice to support clients as well as providing traditional legal counsel. Milbank’s European team act for the key players at the heart of some of the highest profile matters.
We have a particularly strong reputation for providing innovative legal solutions in major bankruptcies, restructurings or distressed financing transactions. We draw upon our expertise across all types of financial instruments and arrangements including loans, bonds, structured products and derivatives to provide structuring or workout solutions within or adapted to all tiers of the capital structure. We look to continually develop unconventional and ground breaking legal structures and strategies in order to maximize value and minimize downside risk for our clients.
Chambers Review
Milbank has a highly respected restructuring and insolvency practice. The team stands out for its ability to advise creditors and bondholders, although it also works with corporate borrowers and investors. Cross-border work is another strength of the practice, especially when those matters involve the USA.
Work Highlights
- Milbank represented the ad hoc group of noteholders of Adler Group in relation to its restructuring plan.
Strengths
Provided by Chambers
"What stands out about Milbank is that every partner is excellent; they go above and beyond."
"The team at Milbank are highly responsive, well engaged and understanding of commercial matters at the heart of negotiations. The team is well stocked with knowledgeable and experienced partners."
"Milbank has an incredibly experienced and formidable team that is highly creative and leaves no stone unturned. They are solution providers for any problems that arise."
"What stands out about Milbank is that every partner is excellent; they go above and beyond."
"The team at Milbank are highly responsive, well engaged and understanding of commercial matters at the heart of negotiations. The team is well stocked with knowledgeable and experienced partners."
"Milbank has an incredibly experienced and formidable team that is highly creative and leaves no stone unturned. They are solution providers for any problems that arise."
Notable Practitioners
Global practice group co-head Yushan Ng is regularly called upon to advise on an array of high-profile cross-border and domestic restructurings and insolvencies, in addition to distressed and special situations. He is vastly experienced in acting for both debtor and creditor clients.
"Yushan is incredibly clever and quick at understanding situations. He is a smooth operator and a superstar lawyer."
"Yushan is one of the brightest minds. He is exceptionally creative, commercial and finds solutions quickly. Yushan is adept at leveraging points to deliver the best outcome for clients."
"Yushan is one of the top creative restructuring lawyers in the European market."
Ian Wallace is well regarded in the market for his work on international restructurings and insolvencies. He regularly acts for a range of clients, including distressed corporates and established creditors.
"Ian is a strong technical lawyer who is capable of providing commercial and easy-to-understand advice. He has a strong understanding of market dynamics and considerations."
"Ian is an approachable, user-friendly and exceptionally smart lawyer who consistently provides excellent advice."
"Ian has a great combination of commercial and technical skills. He considers all aspects of a transaction before he gives advice."
Sinjini Saha is co-head of Milbank's London financial restructuring group. She excels in the representation of creditor-side clients, with experience advising on complex restructurings and distressed transactions. Her matters frequently involve cross-border elements.
"Sinjini is a pleasure to work with. She understands the issues clients are facing and makes every effort to deliver an outcome that works for all stakeholders."
"Sinjini is a true force - she's very innovative and commercial, with excellent interpersonal skills. She goes over and beyond to ensure her clients get the best deal."
"Sinjini is a very creative, high-quality attorney with very good attention to detail and client relationship skills."
Ranked Lawyers at
Milbank LLP
London (Firms)