Restructuring and insolvency

Our global restructuring and insolvency team is a multi-jurisdictional team of lawyers who advise a wide array of stakeholders on all issues arising in connection with financial distress.
  • Profile
  • Experience
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Our team combines technical excellence with the ability to apply astute commercial insight to any given situation.

We act for companies, banks, funds, other financial institutions, office holders, indenture trustees, pension trustees, directors and individuals dealing with the consequences of financial distress.

We are consistently recognised as experts in our field by the legal directories. Our vast experience in all types of corporate restructuring and insolvency, coupled with a deep understanding of the needs of clients in this area, means that we are able to craft practical, commercial and cost effective solutions.

Our lawyers' extensive cross-border experience means that we are able to find solutions which best protect our clients' interests, whether through optimal use of the legal frameworks which exist to facilitate cross border restructurings, or by identifying those jurisdictions and laws that are best suited to our clients' needs.

Our work covers all sectors – and encompasses domestic and international debt restructurings, schemes of arrangement, CVAs, administrations (including pre-packs), refinancings, workouts and turnaround strategies, debt for equity swaps, distressed M&A, distressed investing, loan to own strategies, receiverships, liquidations, personal bankruptcy, insolvency litigation and investigations, and fraud and asset tracing.

"Brilliant at complex cross-border issues, as well as sensible and commercial…"
The Legal 500 UK 2013

Project Quest

Advising company in the financial services sector on consumer redress scheme: devising ground breaking major scheme of arrangement involving 11 banks and around 2 million creditors.

Monarch Airlines

Playing a pivotal role in this large restructuring, advising the Pension Protection Fund in connection with the restructuring of the substantial pension deficit.

Project Ebony

Advising a Hong Kong Stock Exchange listed BVI incorporated company in the coking coal sector on its major restructuring.

Pan Ocean Co Limited

Advising syndicates of lenders in connection with the Korean rehabilitation proceedings in connection with this huge shipping company.

The Co-operative Bank Plc

Advising the trustee of various issues of notes affected by the liability management exercise undertaken by the Bank, including the exchange offer and consent solicitation and the scheme of arrangement.

Hong Kong Petrochemical Company Limited

Acting for the receivers and managers of a Hong Kong petrochemical refinery.

Premier Bathrooms

Acting for administrators (pre- and post-appointment) on this pre-pack administration and associated debt restructuring.

Rangers FC

Advising the liquidators on all aspects of the liquidation in England and in Scotland, including in relation to high-profile and value claims in respect of unlawful means conspiracy.

Dawnay Day

Acting for the liquidators of various companies connected with this collapsed property and financial conglomerate, including in relation to general advisory work, misfeasance proceedings and litigation

Days group of companies

Advising Hong Kong liquidators of a substantial electronic trading business, including misfeasance proceedings against the directors, the private examination of a bank and related 3rd party professional negligence claims

Ardon Maroon Asia Master Fund

Advising liquidators of Cayman Island registered fund with Hong Kong based manager and investment advisor.

Boris Berezovsky

Acting for the principal creditor of the late Boris Berezovsky in relation to the insolvency estate.

Lawyer

Stuart Frith Partner

T:  +44 20 7809 2376
M:  +44 7970 686 462 Email Stuart | Vcard Office:  London

Lawyer

Susan Moore Partner

T:  +44 20 7809 2111
M:  +44 77 6997 6929 Email Susan | Vcard Office:  London

Latest news & insights

06 Dec 2016

From Insights

Scheming in Hong Kong: court hands down Winsway and Kaisa decisions

We highlight the key points arising in two notable scheme of arrangement cases. The decisions include interesting points relating to consent fees, use of schemes to co..

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28 Nov 2016

From Insights

Cross border insolvency – private examination powers granted to foreign liquidators

This is the first Hong Kong decision where the Hong Kong Court has granted powers to foreign liquidators permitting them to orally examine a company director in Hong K..

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30 Aug 2016

From Insights

Schemes of arrangement

Schemes of arrangement are frequently used by companies to give effect to a debt restructuring. Importantly, a scheme is neither an insolvency nor a bankruptcy process..

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29 Jun 2016

From News

Stephenson Harwood completes major cross border restructuring

Deal paves the way for further Hong Kong and BVI schemes to be used to restructure foreign law governed debt

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24 Jun 2016

From Insights

BREXIT: What now?

The results of the referendum on whether or not the UK should remain in the European Union are in and the British public have voted to leave. What does this mean?

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25 Jan 2016

From News

Sue Moore listed in The Lawyer's Hot 100

Our head of finance is among the lawyers included in the finance category.

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12 Nov 2015

From Insights

Hong Kong cross border insolvency

Should a creditor of a foreign company with assets in Hong Kong apply for provisional liquidators in the Hong Kong Court pending the determination of the same applicat..

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26 Oct 2014

From News

Stephenson Harwood LLP advises on restructuring of Monarch Airlines

Stephenson Harwood LLP played a pivotal role in the restructuring of Monarch Airlines which completed on Friday night (24 October 2014).

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08 Feb 2014

From Insights

Media coverage: Local Government News

Just over a year ago, the Government's revamped PFI model - PF2 - was born. Ian Pumfrey revisits the changes introduced by PF2 and looks at what progress has been made..

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06 Feb 2014

From Insights

Important CBIR decision on the extent to which the English Court can assist foreign proceedings

On 30 June 2014, the English Court handed down a judgment which held that the scope of relief which can be granted under Article 21 of the Cross Border Insolvency Regu..

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