The team works regularly on the restructuring of debt, distressed financing and the negotiation of new terms when compliance with terms originally agreed is no longer feasible. Expertise includes arranging for equity cures, multitier debt restructurings, waiver preparations and advice on additional security in distressed situations.

Our principal expertise includes:

• Distressed debt
• Negotiated workouts

We work closely together with our tax colleagues, where there are tax benefits or tax implications. We also work closely together with the experts in the insolvency/corporate restructuring practice. Our strong involvement in structured finance, securitisation and regulated markets means we have specific experience in restructuring financial assets, such as securitised loans, cross-border leases and hedge funds.