Restructuring/Insolvency | Europe

BonelliErede has a market-leading restructuring and insolvency team acting for a broad range of clients including creditors, funds and insolvent companies. The law firm has strong expertise in contentious issues, frequently negotiating agreements between creditors and entities in financial trouble. The team's areas of activity include distressed M&A, out-of-court settlements, loan transactions and debt restructuring. BonelliErede is additionally adept at handling situations between both domestic and international parties and assisting clients with multi-jurisdictional matters.

Gianni & Origoni is a highly respected law firm assisting debtors and creditors with both out-of-court and in-court proceedings. The leading team's expertise includes distressed M&A and composition with creditors proceedings, as well as debt restructurings. The firm's clientele includes major banks and Italian corporates. Gianni & Origoni's restructuring lawyers work with other practices at the firm such as corporate and litigation to provide a complete service to clients.

Giovanardi is an eminent law firm with wide-ranging expertise covering out-of-court restructuring, insolvency-related acquisitions, NPL portfolio transactions and the sale of distressed assets. The law firm also advises clients on disputes concerning restructuring operations. Giovanardi has notable creditor-side activity owing to strong relationships with major Italian banks.

Molinari is a well-respected law firm specialising in insolvency matters. The team is most active in creditor-side representations, boasting a number of significant financial institutions among its clientele, with additional capabilities in debtor-side operations. The law firm advises on significant debt restructuring proceedings, including composition with creditors procedures.

Chiomenti is a particularly strong firm for preventive pre-insolvency proceedings. Its lawyers assist both creditors and debtors with debt restructuring operations, including cross-border mandates and distressed M&A. Chiomenti's restructuring team frequently works alongside its corporate, tax and capital markets teams to provide comprehensive support to clients.

DLA Piper is an esteemed law firm offering assistance with distressed M&A, insolvency proceedings and debt restructuring. The law firm often advises on pre-insolvency portfolio acquisitions in the real estate sector. Its lawyers also possess additional expertise in handling mandates within the shipping sector. The team is active on both disposals and acquisitions of assets. DLA Piper's clients include both debtors and creditors, including domestic banks and various international investment funds, who benefit from the firm's strong international network.

Linklaters hosts an eminent restructuring team assisting financial institutions with recovery strategies and debt restructuring. The law firm regularly offers advice on precautionary recapitalisation operations. The team regularly acts on the lending side and boasts an impressive roster of clients, including a number of multinational banks and funds. Linklaters is additionally well versed in transactions involving NPLs and the acquisition of distressed assets. Its lawyers are also able to leverage its extensive international network to advise on matters crossing multiple jurisdictions.

PedersoliGattai has a well-regarded team in the restructuring field. The law firm is instructed by an impressive list of major Italian banking institutions on out-of-court and in-court debt restructurings. Its lawyers also represent debtors and receivers. PedersoliGattai is additionally active in distressed M&A operations and transactions involving UTP portfolios.

Dentons represents a mix of debtors and creditors, often including major Italian banks and manufacturers, across a variety of restructuring transactions including debt restructuring and extraordinary administration matters. The law firm also frequently assists clients operating in the real estate sector.

LCA comes recommended for a range of insolvency matters, including composition with creditors and in-court investment agreement procedures, as well as insolvency-related disputes. The law firm frequently acts for borrowers, providing advice to local and multinational entities. Its lawyers also frequently deal with receivership proceedings.

Legance is a full-service firm working closely with colleagues in the corporate, litigation, tax and employment groups on restructuring operations. The law firm has broad experience in this arena, frequently advising clients on debt restructuring, distressed M&A, claw-back proceedings and composition with creditors matters. Legance utilises its notable industry knowledge of the shipping, aviation and energy sectors to assist both borrowers and lenders.

Gatti Pavesi Bianchi Ludovici assists lenders and companies with debt restructuring and bankruptcy litigation, including creditor composition plans. The team has an impressive client portfolio consisting of a number of major banks. Its lawyers also offer advice on the corporate turnaround aspects of restructuring procedures.

Orrick, Herrington & Sutcliffe is a well-regarded firm frequently appointed to represent international funds specialising in investments in distressed companies, as well as advising on transactions involving distressed assets. The law firm also acts for clients on debt restructuring and insolvency agreements. The team regularly represents both creditors and debtors in out-of-court and in-court settlements.

The law firm assists both lenders and borrowers with an array of mandates. The team offers expertise in financial restructurings, with clients benefiting from the law firm's ability to provide advice on the cross-border aspects of matters. Its lawyers also regularly handle composition with creditors procedures and transactions involving distressed assets. On 1st May 2024, Allen & Overy and Shearman & Sterling merged to form A&O Shearman.

Advant Nctm is a well-regarded firm whose restructuring team often acts for clients on in-court debt restructuring processes. The team's activity extends to distressed asset investment. The law firm has strong expertise in debtor-side work, in addition to significant experience in the real estate sector.

Cappelli Riolo Calderaro Crisostomo Del Din & Partners assists clients with insolvency issues, including composition with creditors proceedings and out-of-court debt restructuring plans. The team is regularly appointed to advise on the sale and acquisition of distressed assets. The law firm frequently handles cross-border mandates for a domestic and international clientele. The group also advises a diverse portfolio of clients composed of financial creditors, corporates, institutional investors and private equity funds. Its lawyers draw on the firm's expertise in M&A and securitisation to provide full support to clients.

Clifford Chance offers a full-service restructuring outfit with solid experience in the handling of debt restructuring proceedings on behalf of both lenders and borrowers. Its lawyers also work in coordination with litigation partners to handle disputes such as claw-back actions. It also advises banks on insolvency and liquidation matters, as well as extraordinary administration proceedings, and frequently acts on cross-border matters.

Hogan Lovells benefits from a strong international network and assists clients on both the debtor and creditor sides with a range of matters including debt restructuring and extraordinary adminstration procedures. The team also has significant experience in distressed acquisitions, often acting on behalf of funds. The law firm offers advice on a range of insolvency disputes, including recovery claim actions, arrangements with creditors and filing proofs of claim.

Latham & Watkins is active in the negotiation and execution of both in-court and out-of-court restructuring, as well as refinancing mandates. The law firm benefits from a strong international network and is adept at advising both multinational and domestic clients. The team is particularly active in restructuring matters related to the shipping industry.

LMS Studio Legale is an adept law firm with noteworthy expertise in debt restructuring agreements, composition with creditors procedures, liquidation mandates and distressed M&A. Additionally, the firm has experience in litigation matters. Its lawyers often represent both creditors and borrowers from a variety of industry sectors such as fashion, real estate, manufacturing and energy.

Osborne Clarke acts for both banks and distressed companies on restructuring operations. The law firm has wide-ranging experience in the field, encompassing insolvency procedures, distressed litigation and liquidation actions. It is also well versed in company reorganisations.

White & Case acts for creditors and debtors in restructurings spanning a range of sectors including banking, textiles and automotive. The team additionally advises on NPL and UTP loan issues. The law firm is well prepared to assist with both domestic and international mandates.