Department profile
Ashurst Perkins Coie – London, New York, Seattle, Sydney

Restructuring/Insolvency

Europe Guide 2026 : UK

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Ashurst Perkins Coie – London, New York, Seattle, Sydney

Rankings

Chambers Review

Provided by Chambers

Restructuring/Insolvency - UK

Band 3

What the Team is Known For

Ashurst houses a team of accomplished practitioners who are able to tap into a global network to provide integrated advice on multi-jurisdictional matters. The firm's client base includes corporate borrowers and their directors, as well as banks and investment funds. The team is noted for its work on special situations and distressed real estate, as well as its more general restructuring and insolvency advice.

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Work Highlights

Provided by Chambers

  • Ashurst acted as the English co-counsel to an ad hoc group of first lien lenders to Vialto Partners on the English law aspects of its financial restructuring.

Strengths

Provided by Chambers

  • Ashurst have superb communication, and the lawyers are very technically knowledgeable.

    Restructuring/Insolvency respondentEurope

  • Ashurst stand out for their strong business acumen and strategic mindset. The department consistently delivers practical, solution-oriented advice tailored to the commercial realities of each matter.

    Restructuring/Insolvency respondentEurope

  • The team at Ashurst are highly knowledgeable, and they understand our firm position and appetite for various tactics.

    Restructuring/Insolvency respondentEurope

Notable Practitioners

Provided by Chambers

  • Drew Sainsbury
    Drew Sainsbury

    Drew Sainsbury

    Drew Sainsbury is noted for his expertise in handling high-profile debtor and lender-side mandates. He is particularly adept at handling matters within the financial services space.

    • Drew Sainsbury is a technical specialist. He is highly experienced and exudes a calm, confident aura.

      Restructuring/Insolvency respondentEurope
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  • Olga Galazoula
    Olga Galazoula

    Olga Galazoula

    Olga Galazoula is the global practice head for the restructuring and special situations group at Ashurst. Her practice spans the full restructuring and insolvency space.

    • Olga Galazoula leads the team from the front. She is impressive, calm under pressure and offers pragmatic advice.

      Restructuring/Insolvency respondentEurope

    • Olga Galazoula consistently brings clarity to complex issues and is able to frame legal advice in a way that supports decision-making at both strategic and operational levels.

      Restructuring/Insolvency respondentEurope

    • Olga is our go-to adviser for anything which starts getting a bit tricky. She offers advice as if she were in our shoes.

      Restructuring/Insolvency respondentEurope
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  • Ru-Woei Foong
    Ru-Woei Foong

    Ru-Woei Foong

    Ru-Woei Foong advises clients on financial restructurings and formal insolvencies. She is experienced in acting for clients in the real estate, retail and energy sectors.

    • Ru-Woei Foong is easy to work with. She cuts through to the heart of the issue. I would highly recommend her for restructuring.

      Restructuring/Insolvency respondentEurope
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Ranked Individuals at Ashurst Perkins Coie – London, New York, Seattle, Sydney (3)

UK

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