Department profile
CMS

Restructuring/Insolvency

Europe Guide 2026 : UK


CMS

Rankings

Chambers Review

Provided by Chambers

Restructuring/Insolvency - UK

Band 5

Band 5


What the Team is Known For

CMS is a popular option for creditors, including clearing banks and alternative funders. The department offers expertise across the gamut of restructuring and insolvency. The team skilfully handles the acquisition and disposal of distressed loan portfolios. Its lawyers stand out for their expert handling of distressed situations in the energy sector, while other industry specialisms include financial services, real estate and retail.

Work Highlights

Provided by Chambers

  • CMS advised Grupa Azoty, a Polish chemical company, on a high-value cross-border restructuring involving standstill agreements with creditors.

Strengths

Provided by Chambers

  • They are very diligent, very hard-working, knowledgeable and willing to engage and be pragmatic in order to find solutions that work.

    Restructuring/Insolvency respondentEurope
  • We distinguish CMS for their sector experience and for being client-focused, approachable and cost-effective.

    Restructuring/Insolvency respondentEurope

Notable Practitioners

Provided by Chambers

  • Band 6Glen Flannery
    Band 6Glen Flannery

    Glen Flannery

    Glen Flannery is co-head of the global restructuring and insolvency team at CMS. He expertly assists a broad client base consisting of debtors, creditors and insolvency practitioners. He also has expertise in the retail and energy sectors.

    • Glen is one of my go-tos for very technical issues, particularly with overseas aspects. He really comes into his own and thrives on these.

      Restructuring/Insolvency respondentEurope
  • Band 6Martin Brown
    Band 6Martin Brown

    Martin Brown

    Martin Brown heads the restructuring and insolvency team at CMS. He has particular experience in matters involving the retail sector, as well as complex pension-related issues.

    • His ability to guide and educate us, combined with quickly working as part of the team and showing care and accountability for the wider company, was exceptional.

      Restructuring/Insolvency respondentEurope

Ranked Individuals at CMS (2)

UK

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