Allen & Overy LLP

Restructuring/Insolvency (International Firms) Department

Current View:

This content is provided by Chambers. Learn more about our methodology

What the team is known for Offers considerable cross-border capabilities, working with support from the firm's London and New York offices. Frequently acts for leading financial institutions on major restructuring and insolvency matters, including provisional liquidations, disputes and schemes of arrangement. Recognised for its strong aptitude advising on the creditors' side on solar and oil and gas-related restructurings.

Strengths A client reports: "The team is well experienced and familiar with the field. It understands the concerns and preferences of its client and takes its approach from the client's perspective. The firm's legal opinion is pertinent and highly valuable for the client in decision-making."

Another client elaborates: "The practice is unique as it is a whole team whose only focus is working on Asia restructuring and insolvency deals, day in and day out. Clients get a team that is the right level of experience for challenging and specialist work."

Work highlights Assisted China Development Bank with asset realisation efforts as one of the key creditors of the Suntech Power group.

Notable practitioners

Richard Woodworth
frequently assists major Chinese banks in complex restructurings and insolvencies, while also advising appointed receivers. A client considers him "thorough, commercial, detail-oriented and efficient."

Viola Jing
regularly assists with multi-jurisdictional restructurings. A client describes her as "extremely experienced in understanding and guiding clients through the Chinese market."