DEPARTMENT PROFILE

Allen & Overy LLP

Restructuring/Insolvency

5 ranked lawyersBand 1London (Firms)UK 2021 View ranking table

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What the team is known for

Enjoys an excellent reputation as a go-to firm for lenders seeking counsel on large-scale restructurings and workouts. As well as lenders, its enviable client list includes corporates, investors, insolvency practitioners and government institutions. Well positioned to advise on multi-jurisdictional deals, as well as mandates in emerging markets, because of its international network of offices. Impressive knowledge of Chapter 11 reorganisations and pre-pack sales, in addition to housing experience in distressed M&A and formal insolvency proceedings.

Strengths

Sources say: "Allen & Overy is a market-leading firm. The competency of their lawyers is strong and they have a great ability to resource up the team as required."

Clients report: "They are an extremely sophisticated outfit with an intimate knowledge of the in-court and out-of court restructuring process, and are extremely detailed," adding: "They have a deep bench of lawyers who can very quickly work to implement and get through documents - they are one of the leading practices in the field."

Work highlights

Advised the RCF lenders of Thomas Cook in relation to the £1.65 billion restructuring of the Thomas Cook group.

Notable practitioners

Earl Griffith is managing partner of the London restructuring group and is noted for his adept handling of large-scale restructurings, especially those with cross-border elements. He is engaged by clients across the space including lenders, liquidators and private companies.
"His ability to be absolutely all over the issues is very powerful. He is also very focused on ensuring there is no stone left unturned, he ensures that absolutely everything is looked at and he is a very effective communicator."

Head of the firm's global restructuring group, Ian Field has considerable expertise handling complex global restructurings and insolvencies. He is regularly instructed by financial institutions, corporates and insolvency practitioners.
"He is very knowledgeable and has very strong insights into the restructuring and insolvency market. He is both user-friendly and pragmatic."

Jennifer Marshall is a recognised thought leader within the restructuring and insolvency market. She is a trusted adviser on UK and cross-border challenges, and is notably recognised for expertise in security enforcement.
"She is very well regarded by the market and a pleasure to deal with." "She is excellent technically."

Katrina Buckley is experienced advising on high-profile insolvencies and restructurings for a global client base. She advises a range of clients including funds, corporates and financial institutions.,"Katrina is a very technically gifted lawyer who is good at finding ways to solve problems and is very responsive."

Randal Weeks is a seasoned practitioner with niche expertise in advising security agents and trustees on restructuring and insolvency matters. He is additionally noted for his expert representation of lenders such as financial institutions and hedge funds on restructurings that are high-value and cross-border in nature.
"He is a very articulate and constructive individual." "He is a really good and really bright lawyer."

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Ranked Lawyers

Chambers Research is conducted by 200 Research Analysts, across 200 jurisdictions and provides nearly 6,000 rankings tables. Annually we collect hundreds of thousands of responses from clients, the majority via in-depth interview. Learn more about our methodology.

London (Firms)

Restructuring/Insolvency


Earl Griffith
Band 2
Ian Field
Band 1
Jennifer Marshall
Band 2
Katrina Buckley
Band 4
Randal Weeks
Band 6