Department profile
Milbank LLP

Restructuring/Insolvency

UK Guide 2026 : London (Firms)


Milbank LLP

Rankings

About

Provided by Milbank LLP

Financial Restructuring is a core business and leading practice at Milbank. Our team consists of approximately 75 restructuring specialists globally, with 30 lawyers in London and Germany. Our restructuring lawyers work closely with lawyers in Milbank’s other key practice areas (litigation, finance, capital markets, corporate, transport, projects) bringing a full range of expertise to any restructuring transaction.
We provide our clients with the complete range of restructuring solutions from initial debt reviews and options analyses before investing to the full spectrum of in- and out-of-court restructurings, as well as claims recovery and insolvency advice. The depth of our team’s experience means we are often called to provide high level advice to support clients as well as providing traditional legal counsel. Milbank’s European team act for the key players at the heart of some of the highest profile matters.
We have a particularly strong reputation for providing innovative legal solutions in major bankruptcies, restructurings or distressed financing transactions. We draw upon our expertise across all types of financial instruments and arrangements including loans, bonds, structured products and derivatives to provide structuring or workout solutions within or adapted to all tiers of the capital structure. We look to continually develop unconventional and ground breaking legal structures and strategies in order to maximize value and minimize downside risk for our clients.

Chambers Review

Provided by Chambers

Restructuring/Insolvency - London (Firms)

Band 2

Band 2


What the Team is Known For

Milbank has a highly respected restructuring and insolvency practice. The team stands out for its ability to advise creditors and bondholders, although it also works with corporate borrowers and investors. Cross-border work is another strength of the practice, especially when those matters involve the USA.

Work Highlights

Provided by Chambers

  • Milbank advised the ad hoc group of senior lenders to Farfetch through all aspects of its pre-pack administration.

Strengths

Provided by Chambers

  • Milbank is increasingly establishing itself as a market-leading firm in the restructuring space. Their advice has been absolutely superb, with a proactive team readily available to assist us.

    Restructuring/Insolvency respondentUK
  • Milbank have depth of expertise, strategic out-of-the-box thinking and always a commercial focus. They never miss a beat and are very proactive in market coverage.

    Restructuring/Insolvency respondentUK
  • Milbank are the best in restructuring. They seem to be at the forefront of new legal issues and are pioneers of legal technology. They are my go-to firm for restructuring questions.

    Restructuring/Insolvency respondentUK
  • Milbank remains the standout firm for creditor-side restructuring deals in London. The team are sharp, responsive and demonstrate strong strategic thinking.

    Restructuring/Insolvency respondentUK
  • Milbank are creative, thoughtful and provide great advice on complicated matters to creditors.

    Restructuring/Insolvency respondentUK

Notable Practitioners

Provided by Chambers

  • Band 1Yushan Ng
    Band 1Yushan Ng

    Yushan Ng

    Global practice group co-head Yushan Ng is regularly called upon to advise on an array of high-profile cross-border and domestic restructurings and insolvencies, in addition to distressed and special situations. He is vastly experienced in acting for both debtor and creditor clients.

    • Yushan is one of the smartest lawyers in London.

      Restructuring/Insolvency respondentUK
    • Yushan is an excellent operator and one of our go-to lawyers in the restructuring space.

      Restructuring/Insolvency respondentUK
    • Yushan is a sharp strategist and skilled negotiator, often unlocking deal paths others haven't considered.

      Restructuring/Insolvency respondentUK
    • Yushan is one of the best in the industry.

      Restructuring/Insolvency respondentUK
    • Yuhsan is undeniably a creative powerhouse with exceptional commercial insight. He is one of the go-to lawyers for navigating complex situations. He is renowned as a top-tier creative thinker.

      Restructuring/Insolvency respondentUK
  • Band 4Ian Wallace
    Band 4Ian Wallace

    Ian Wallace

    Ian Wallace is well regarded in the market for his work on international restructurings and insolvencies. He regularly acts for a range of clients, including distressed corporates and established creditors.
    • Ian is strong across both creditor-side restructuring as well as more complex, bespoke restructuring and insolvency. One of the strongest technical lawyers in the market, in my view.

      Restructuring/Insolvency respondentUK
    • Ian is absolute quality.

      Restructuring/Insolvency respondentUK
  • Band 4Sinjini Saha
    Band 4Sinjini Saha

    Sinjini Saha

    Sinjini Saha is co-head of Milbank's London financial restructuring group. She excels in the representation of creditor-side clients, with experience advising on complex restructurings and distressed transactions. Her matters frequently involve cross-border elements.

    • Sinjini is a top-notch lawyer.

      Restructuring/Insolvency respondentUK
    • Sinjini is a star in the making.

      Restructuring/Insolvency respondentUK
    • Sinjini brings clarity and precision to complex transactions, with a deep command of restructuring law. She has become a trusted adviser for us.

      Restructuring/Insolvency respondentUK
    • Sinjini is one of the leading restructuring lawyers in London and among the most creative, especially for creditor-side work. She comes up with novel solutions that really drive commercial outcomes.

      Restructuring/Insolvency respondentUK
    • Sinjini has a wealth of knowledge and is exceptional at managing relationships. Her ability to delve into intricate details while maintaining a commercial, holistic perspective is always impressive.

      Restructuring/Insolvency respondentUK

Ranked Individuals at Milbank LLP (3)

London (Firms)

Members

Provided by Milbank LLP

Milbank LLP has rankings in the following guides

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