Restructuring/Insolvency
UK Guide 2025 : London (Firms)
Band 3
About
Provided by Ashurst
Restructuring and special situations is one of Ashurst’s core practice areas internationally. We offer a full-range service in all key European and APAC jurisdictions and pride ourselves on being one of the very few balanced restructuring practices, regularly representing clients across the capital structure on domestic and cross-border restructuring and insolvency cases.
Global Network, Local Knowledge
We are at the forefront of the latest structures, techniques, terms and processes across Europe, Asia and Australia. We have forged strong relationships with leading local counsel in jurisdictions where Ashurst does not have a restructuring presence.
A Truly Balanced Practice
We regularly advise a broad range of stakeholders, including borrowers, directors, clearing banks and alternative investment funds, in their capacity as senior, junior and rescue finance lenders, bondholders, distressed investors and insolvency practitioners.
Industry Approach
Our restructuring lawyers are “sector agnostics” by virtue of their training. Nevertheless, we are able to capitalise on the vast industry and sector experience that the wider Ashurst network has to offer. Our restructuring experts have a thorough understanding of the workings of key industry sectors, such as real estate, energy and infrastructure and financial services.
Chambers Review
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.
Work Highlights
- Ashurst advised the special administrators of Blackstone Sington on its entry into special administration.
Strengths
Provided by Chambers
"The team at Ashurst provide excellent, clear advice under significant time pressure. They combine strong legal knowledge with a commercial and pragmatic approach to restructuring and insolvency."
"Ashurst’s restructuring team is instrumental in providing critical strategic advice and documentary support to execute distressed restructurings."
"The Ashurst team are enjoyable to work with. They are commercial, practical, efficient and user-friendly."
"The team at Ashurst provide excellent, clear advice under significant time pressure. They combine strong legal knowledge with a commercial and pragmatic approach to restructuring and insolvency."
"Ashurst’s restructuring team is instrumental in providing critical strategic advice and documentary support to execute distressed restructurings."
"The Ashurst team are enjoyable to work with. They are commercial, practical, efficient and user-friendly."
Notable Practitioners
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 is deeply experienced both commercially and technically, sees issues immediately, is not afraid to provide difficult advice, is always available and is a pleasure to work with."
"Olga is fantastic - sensible, commercial and practical."
"Olga is very commercial, helpful and practical. She is efficient and user-friendly."
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 very pragmatic and consistent in his advice, which inspires a lot of confidence."
"Drew is capable, and people are pleased to work with him."
"Drew is able to handle very complicated and sophisticated matters in a confident and unassuming way."
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 can work on cross-border matters seamlessly."
Ranked Lawyers at
Ashurst
London (Firms)
Members
Provided by Ashurst
Inga West
Lynn Dunne
Maria Staiano-Kolaitis
Martyn Rogers
Nigel Ward
Head of Department
Richard Bulmore
Simon Clarke
Clients
Provided by Ashurst
Apollo
Bank of Cyprus
Cerberus
David Kempner
Fortress
Grant Thornton
Kildare
Lendlease
Oaktree Capital
Industries
Provided by Ashurst
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