Restructuring/Insolvency
Europe Guide 2024 : UK
Band 4
Email address
[email protected]Contact number
+44 20 7367 3000Chambers Review
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, as well as advising on pension scheme matters. 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
- CMS advised the German government on the English law aspects of the stabilisation, financing and recapitalisation of Gazprom Germany, now know as SEFE.
Strengths
Provided by Chambers
"The team has a very practical approach to problem solving and keeping momentum in the transaction."
"CMS has strong and capable partners, but also has a good bench of associates."
"The team has a very practical approach to problem solving and keeping momentum in the transaction."
"CMS has strong and capable partners, but also has a good bench of associates."
Notable Practitioners
Glen Flannery is an experienced practitioner who advises on complex restructurings, distressed transactions and disputes. He expertly assists a broad client base consisting of debtors, creditors and insolvency practitioners. He also has expertise in the retail and energy sectors.
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.
"Martin is an excellent lawyer. He is very commercially aware and he understands the bigger picture and the importance of momentum in a transaction."
Peter Wiltshire has a wealth of experience advising administrators and lenders on corporate insolvency matters. His clients include investment and clearing banks, as well as funds and private equity houses.