Our experience spans schemes of arrangement, restructuring plans, administrations, liquidations and CVAs, chapter 11 and chapter 15 proceedings, as well as cross-border recognition.
We have led the way in establishing the firm as a go-to for high-stakes contentious restructuring and insolvency-related disputes. We played leading roles on the Icelandic bank insolvencies, acting for over 70 senior creditors of the three major Icelandic banks (Glitnir, Kaupthing and Landsbanki) in the litigation and restructuring efforts that ensued following the 2008 collapse.
Building on that, we are recognised for our experience in bank wind-downs and sovereign/quasi-sovereign defaults and related litigation, as well as inter-creditor disputes in the context of insolvency/restructurings as well as, within that, enforcement settlements.
The focus and capability of our team is borne out of decades-long experience, recognising the important space we fill in bringing litigators’ skills to restructuring or insolvency situations. Outside of actual litigation, our contentious analysis adds strategic value and leverage for a client in negotiated restructurings.