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Clifford Chance LLP

Restructuring/Insolvency

Europe Guide 2026 : UK

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Clifford Chance LLP

Rankings

Chambers Review

Provided by Chambers

Restructuring/Insolvency - UK

Band 1

What the Team is Known For

Clifford Chance possesses a standout practice that advises on sophisticated restructurings in the UK and abroad, and attracts instructions from a range of industry players, with a focus on creditor-side representation. The firm coordinates across its network to provide multidisciplinary and multi-jurisdictional teams where needed. The team is particularly strong when advising on mandates within the retail sector.

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Work Highlights

Provided by Chambers

  • Clifford Chance advised the Revolving Credit Facility SteerCo Group on all aspects of Intrum's high profile USD4.65 billion balance sheet restructuring.

Strengths

Provided by Chambers

  • Clifford distil complex concepts into digestible and practicable advice with confidence. They thoughtfully and pragmatically strategise alternatives on short timelines, providing top-notch service.

    Restructuring/Insolvency respondentEurope

  • Clifford Chance offer best-in-class London restructuring capabilities.

    Restructuring/Insolvency respondentEurope

  • There is nothing they could improve upon. They were available at all hours, and they understood the business, dynamics and management – they could not have been more helpful. Just brilliant.

    Restructuring/Insolvency respondentEurope

  • Clifford Chance are a leading team. They have been really great and have made a very stressful situation much less stressful for both the lawyers in-house and our executives and board.

    Restructuring/Insolvency respondentEurope

  • Clifford Chance are impressive in all senses. They had a global vision of our deal from the very beginning to the very end, and their replies were very quick and really useful.

    Restructuring/Insolvency respondentEurope

Notable Practitioners

Provided by Chambers

  • David Towers
    David Towers

    David Towers

    David Towers has experience advising on both the creditor and debtor sides of mandates, with particular expertise in the representation of banks and alternative lenders. He co-heads Clifford Chance's South Africa practice and regularly advises clients on deals in southern Africa.

    • David was instrumental during the restructuring we worked together on. He showed excellent commercial awareness and negotiation skills.

      Restructuring/Insolvency respondentEurope

    • David appeared as a beacon of calmness and pragmatism during a tricky timebound situation. He has a natural disarming approach, which helps de-escalate negotiations.

      Restructuring/Insolvency respondentEurope
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  • Iain White
    Iain White

    Iain White

    Iain White has a broad practice with experience advising creditors, debtors and office-holders on cross-border restructurings. His work spans a range of sectors including manufacturing, retail and energy.

    • Iain is a perfect blend of the very technical, when he needs to be, while realising the commercial and pragmatic aspect of dealing with distressed real estate assets. I value him highly.

      Restructuring/Insolvency respondentEurope

    • Iain on the insolvency side is excellent.

      Restructuring/Insolvency respondentEurope
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  • John Maclennan
    John Maclennan

    John Maclennan

    John Maclennan is a respected practitioner with expertise in acting for banks, corporates and creditors, bondholders and alternative investors. He is regularly called upon to assist clients with both domestic and cross-border matters.

    • John's in-depth knowledge in relation to restructuring, combined with his relaxed and friendly personality, is very useful.

      Restructuring/Insolvency respondentEurope

    • John is in a class of his own.

      Restructuring/Insolvency respondentEurope
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Ranked Individuals at Clifford Chance LLP (3)

UK

Clifford Chance LLP has rankings in the following guides

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